Lok Sabha Question No. 4342 (UNSTARRED), answered on 2023-03-27
Subject: PMJDY in Rajasthan
Ministry: FINANCE
Asked by: Jaskaur Meena

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION No. 4342

ANSWERED ON MONDAY, MARCH 27, 2023/ CHAITRA 6, 1945 (SAKA)

## PMJDY in Rajasthan

## 4342. SHRIMATI JASKAUR MEENA

Will the Minister of FINANCE be pleased to state:

- (a) the salient features of the Pradhan Mantri Jan-Dhan Yojana (PMJDY);
- (b) the number and details of the beneficiaries of this scheme registered in Banks in Rajasthan till date;
- (c)  the  number of RUPAY cards issued under this scheme to the beneficiaries particularly women in Rajasthan till date;
- (d) the details of the response received for the scheme in the country;
- (e) whether the Government has accorded highest priority to bring banking services to the last man of the society; and
- (f) if so, the steps being taken by the Government to link remote areas with Banking/Digital Banking services?

## Answer

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (DR BHAGWAT KARAD)

(a) to (d) Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August 2014, with the aim to provide universal banking services for every unbanked household, based on the guiding principles of banking the unbanked, securing the unsecured, funding the unfunded (access to credit).  In  order  to  provide  impetus  to  financial  inclusion  initiatives  of  the  Government, PMJDY was extended beyond 14.08.2018. Under PMJDY, following facilities are available:

- i. A bank account for unbanked persons without requirement of maintaining minimum balance;
- ii. RuPay debit card with inbuilt accident insurance cover of Rs. 2 lakh.  (For PMJDY accounts opened on or before 28.08.2018, inbuilt accident insurance cover is of Rs.1 lakh).
- iii. Eligible PMJDY account holders can avail overdraft facility up to Rs.10,000.

| Particular   |   Total PMJDY Accounts |   PMJDY Accounts (Female) |   Accounts opened in rural/semi- urban areas |   Number of RuPay Debit Cards issued |
|--------------|------------------------|---------------------------|----------------------------------------------|--------------------------------------|
| Country      |                  48.36 |                     26.87 |                                        32.25 |                                32.8  |
| Rajasthan    |                   3.31 |                      1.93 |                                         2.17 |                                 2.47 |

Source: Banks

(e)  and  (f)  Based  on  the  data  uploaded  by  banks  on  Jan  Dhan Darshak App, the details of banking infrastructure in the Country and Rajasthan are as under:

| Particular   | Branches   | ATMs     | BCs      | IPPBs    | %of villages covered with Banking Outlets within a radius of 5 km   |
|--------------|------------|----------|----------|----------|---------------------------------------------------------------------|
| Country      | 1,68,955   | 2,11,311 | 6,09,684 | 1,40,532 | 99.52%                                                              |
| Rajasthan    | 8,872      | 9,028    | 39,577   | 9,281    | 99.62%                                                              |

RBI has advised Financial Literacy Centres (FLCs) and rural branches of banks to conduct outdoor financial literacy camps for customers in collaboration with ground level stakeholders at  the  District/  panchayat  /  village  level  for  different  target  groups  viz.  farmers,  small entrepreneurs, Self Help Groups, senior citizens etc. Banks organise camps to create awareness about  the  banking  habits  including  the  benefits  of  keeping  the  account  active  /  operative. Further, a strong network of about 6.09 lakh Business Correspondents (BCs), representing the last  mile connect in the Banking Services delivery system is also creating awareness while facilitating  transactions  in  the  rural  areas,  because  of  their  familiarity  with  Local/Rural population.

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