The JAM trinity was propounded as the model cash transfer scheme by the govt. of India. The scheme increased the importance of Aadhaar and increased digital footprint in India. However, the pandemic has brought the problems with JAM.
As promised in the budget speech of 2020 Instant PAN allotment is now available for anyone who has a valid AADHAR card and a phone number. The process has been made paperless and E-PAN is provided free of cost. Details of the E-PAN are important for prelims. [Read More]
Relevance: DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This program aims to transfer subsidies directly to the people through their bank accounts. [Read More]
Indian economy is heavily dependent of cash. Different factors like lack of access to banking facilities, lack of proper education and awareness about benefits of digital payment etc have hindered the growth of digital economy…
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