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DBT JAM SCHEME
Poverty low, expectations high: India’s next challenge is creating jobs and driving reformsPoverty rates in India have decreased remarkably, with expectations rising for future economic prosperity and growth. Initiatives like Dire...
Welfare pay can't be voter ID-linkedUnion panchayati raj minister Rajiv Ranjan Singh announced plans to replace Aadhaar with voter ID numbers for welfare programs. This change...
View: DBTs are redefining women’s empowerment and welfare, now its time to test it in fertiliser subsidiesDirect Benefit Transfers (DBTs) in cash to women are rapidly expanding across states, driven by women's growing political influence. A rece...
Three crore accounts to be opened under JanDhan in FY25: FM SitharamanA large number of normal saving bank accounts are also opened by banks. New measures like e-KYC and video KYC have made the account opening...
Over 500 million open accounts under Jan Dhan Scheme"Currently there are 225 crore bank accounts in the country. The data shows that many people have more than one bank account. Overall in te...
How Aadhaar is helping individuals receive money from govt as per Economic Survey 2023There are various ways by which an Aadhaar has impacted the daily lives of citizens. The Economic Survey 2023 has mentioned some as follows:
P Chidambaram says Aadhaar, DBT introduced in UPA govt, BJP cites data to mock him for claiming 'credit'BJP IT department head Amit Malviya tweeted, "Will the former, out on bail, FM, 'honestly' tell who deserves credit after looking at some s...
Over 90 lakh direct benefit transfer payments are processed daily: IT ministryAccording to data shared by the Ministry of Electronics and IT, on average 28.4 crore digital transactions are performed in a day. More tha...
Cooperative sector banks will soon get permission to implement govt schemes using JAM: Amit ShahThe cooperative sector has been kept away from JAM DBT schemes. But the Centre has now decided to allow the cooperative banks to implement ...
View: e-RUPI will ensure leak-proof DBT delivery, bridge dividesUsing financial technologies to revolutionise the life of the common man is an ambitious project of the PM. He has been encouraging startup...
ET Financial Inclusion Summit: DBT scheme’s proved to be a boon for crores of IndiansDigital adoption was also accelerated by the pandemic as withdrawals by DBT beneficiaries increased two-thirds last fiscal.
How 351 Modi government schemes saved Rs 1.70 lakh croreThe 'JAM Trinity' of the Jan Dhan-Aadhaar-Mobile, made it easier to identify bogus beneficiaries and preventing leakages in government sche...
Covid-19: Govt to transfer financial assistance only through DBT mechanismNew Delhi, Apr 16 () The finance ministry on Thursday clarified that financial assistance to people hit by the Covid-19 crisis will be prov...
Indian firms should leverage on technologies, AI to leapfrog economy: NITI Aayog CEOKant cited market estimates that artificial intelligence (AI) has the potential to add over USD 900 billion to the Indian economy by 2035.
Aadhaar law likely to pass test of constitutionality: Arun JaitleyBJP-led NDA gave it a legislative cover with iron wall to ensure data protection and privacy, Finance Minister Arun Jaitley said.
Aadhaar will stand the test of Constitutionality: Arun Jaitley“The full potential of Aadhaar had not been realised at the time. There was no legislation, there was a draft law,” said Arun Jaitley.
84 DBT schemes have 33.52 crore beneficiaries, says government"As on February 28, 2017, there are 33.52 crore (non-exclusive) beneficiaries in respect of 84 onboarded DBT schemes being monitored by the...
Macro fundamentals create platform for sustained growth: President Pranab MukherjeeHe also highlighted various policy initiative taken by the government to prevent tax evasion and deal with menace of black money.
Arun Jaitley brainstorms with secretaries on DBT schemeThe government transfers subsidy to LPG users as well as to beneficiaries of scholarships and pension schemes directly to their bank accoun...
Direct cash transfers to cut LPG subsidy by 25%: FM Arun JaitleyWith almost all households linked to bank accounts, the BJP government believes it is well poised to launch a more ambitious cash transfer ...