The combination of JAM [Jan Dhan + Aadhar + mobile] has enabled government fund transfer to beneficiaries. The cash transfers have reduced leakages and removed ghost beneficiaries. However last mile service delivery is still a problem in rural areas. The bank to beneficiary link is still the weakest in the JAM cycle.
Problems encountered with JAM are identifying the beneficiaries in real time, maintain beneficiary database, intergovernmental coordination for efficient transfers, and supply chain interest groups that oppose this technology, beneficiary financial inclusion and beneficiary vulnerability.
JAM can best be implemented in sectors where government agencies can coordinate better and where leakages are high like fertilizer subsidy and within government fund transfer.
3. JAM can also be implemented by two methods like D.B.T. and Bio-metrically Authenticated Physical Uptake i.e. once identity is authenticated by Bio-metric means physical goods can be claimed at subsidy.
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Q1:JAM as per the economic survey stands for
Q2:The weakest link of the JAM cycle is
Q3:To reduce fiscal deficit what are the solutions
Q4:JAM can be best implemented in
Q5:Bio-metrically Authenticated Physical Uptake involves