Enabling direct transfers through JAM
Each elementJan Dhan Yojana, Aadhaar and mobileneeds some significant fixes to work effectively
The JAM Trinity (Jan Dhan Yojana + Aadhaar number + mobile number), a lively acronym to refocus the government’s programme of Direct Benefits Transfer (DBT), was spelt out in the last Economic Survey. While the DBT has been operational since 2013, the trinity makes it easier to pinpoint the remaining barriers as each element in the JAM needs some significant fixes to work effectively. By March 2015, more than 227 million beneficiaries were part of the programme under 36 schemes, with the highest enrolments under DBTL (DBT for liquefied petroleum gas subsidy). Yet, the DBT programme has a long way to go to become a universal national scheme. This month’s budget can fix some of the stumbling blocks, but there are others that need coordination across multiple departments, regulators and the attention of Parliament.
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