JAM TRINITY (Jan Dhan,Aadhar,Mobile)

Date: March 03, 2015

Jan dhan yojna aadhar mobile

JAM TRINITY SOLUTION- Subsidy Reforms

JAM is an abbreviation for Jan Dhan Yojana, Aadhaar and Mobile number. The government is pinning its hopes on these three modes of identification to direct benefits transfers to poor. It will help to stop and control the lekages in subsudy. The Aadhaar Number is linked  to an active bank account is key to implementing income transfers. With the introduction of Jan Dhan Yojana, the number of bank accounts is expected to increase further and offering greater opportunities to target and transfer financial resources to the poor.

prepareias

The Centre and States pay wages such as MGNREGA,supply rice, wheat, pulses, cooking oil, sugar and kerosene at heavily subsidised prices through the PDS. Then, sectors such as power, fertilisers and oil sell their products to people below market prices. When all these are linked with JAM trinity then the corruption will be reduced.