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JAM trinity revolutionized transfer of subsidies: I&B Minister

By TIOL News Service

NEW DELHI, APR 20, 2017: LISTING out the various initiatives taken by the Government that impacted people's life, Mr M. Venkaiah Naidu, Minister for Information & Broadcasting said that the JAM trinity which uses the Jan Dhan, Aadhar and Mobile connection has revolutionized the transfer of subsidies to the people by removing the middle men from the link.  Behavioural change to encourage people to use less cash and turn towards digital payments would not only require change in mind set but also require the institutional mechanism that will support this change. The BHIM app launched by the Prime Minister, Mr Narendra Modi provided latest features that is helping people shift from using less cash towards digital payments.  The use of technology has enabled providing better governance to people.

Mr Naidu, has said that scripting of new India by bringing disruptive changes in governance had resulted in removing deficiencies, catalyzing proficiencies and reaping efficiencies. The transformational initiatives brought out by the Government aimed at initiating change and altering the status quo thus positioning India as a Global Leader. The Demonetization initiative was one of the most disruptive changes that targeted black money, counterfeit currency and corruption, which overhauled India's economic system removing tainted currency from circulation. The Minister stated this while addressing the Mind Mine Summit here today. Mr Suresh Prabhu, Minister for Railways was also present on the occasion.

Elaborating further, Mr Naidu said that, it has become a New Normal for the Government to bring path breaking changes to transform the country, latest being the ban on the usage of Red Beacons. The process of reform in every sector was evident in the current approach to Governance.

Mr Naidu mentioned the historic passage of GST bill in parliament which would transform the Indirect Tax structure in the country by unifying the country into a single market and thus simplifying the current complex and opaque tax administration. The Swachh Bharat Abhiyaan has been hailed as the biggest Behavioural Change program launched by the Government that aims to build a Clean India, dismantling age old behaviours and social practices of the people.


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