JAM (Jan Dhan, Aadhaar, Mobile) Trinity and the Digital Revolution: A Decade of Financial Inclusion, Transparency and Corruption-Free India
Ayushman Bharat: The path towards an inclusive healthcare
The Jan Dhan Yojana has over 54 crore accounts, with total deposits of around Rs 2.39 lakh crore, an increase of more than 15 times since its inception.
37.02 crore RuPay cards issued to PMJDY account holders
In 2023-24, UPI transactions reached Rs 200 lakh crore, an increase of 138% over 2017-18.
UPI is currently operational in seven countries and more than 40% of the world’s real time payment transactions take place in India.
As on 30.11.2024, about 36 crore Ayushman cards have been generated across the country and a total of 29,929 hospitals, including 13,222 private hospitals, have been covered under the scheme.
AB-PMJAY is currently being implemented in 33 States/UTs of the country
The Modi government is working for the poor and more than 200 schemes have been launched in the last 10 years for the welfare of 140 crore people of the country,
The Modi government is working for the poor and more than 200 schemes have been launched in the last 10 years for the welfare of 140 crore people of the country, union minister of state for corporate affairs and road, transport and highways, Shri Harsh Malhotra said. Mr Malhotra was speaking at a press conference on the impact of various reforms of Jan Dhan Yojana, Aadhaar and Mobile Trinity Schemes, Digital Transactions and Ayushman Bharat-PMJAY
Shri Malhotra said that under the visionary leadership of The Prime Minister Shri Narendra Modi
Shri Malhotra said that under the visionary leadership of The Prime Minister Shri Narendra Modi, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has solved by bringing an important part of India’s population into the banking ecosystem. Currently, there are over 54 crore accounts, with total deposits of around Rs 2.39 lakh crore, which is more than 15 times since the beginning. The scheme has been particularly successful in rural and semi-urban areas and women, and about 66% of the accounts come from these areas. In addition, 37.02 crore RuPay cards have been issued to PMJDY account holders, with a significant increase in the average deposit amount per account, reflecting an increase in consumption and saving behaviour. The World Bank has also acknowledged that India has achieved its financial inclusion target in just six years, which would have taken 47 years without its improved digital public infrastructure.
PM-Jan Dhan Yojana and JAM Trinity have become the world's largest financial inclusion programmes.
PM-Jan Dhan Yojana and JAM Trinity have become the world’s largest financial inclusion programmes. At present, every rupee released by the Central Government is reaching the beneficiaries directly to the beneficiaries without any middleman, which has further strengthened the Indian economy. The country’s once marginalised poor sections have been linked to the emerging Indian economy. This has been made possible by a mission-mode approach that has involved both the government and the public. The Minister highlighted that JAM Trinity has promoted the digital revolution of the country and enhanced transparency within the financial ecosystem. The government aims to increase the value of every rupee spent, empower the poor and ensure access to technology among the masses. Jam Trinity has played an important role in facilitating this advancement, especially through direct benefit transfer (DBT), enabling more effective and inclusive financial transactions. It’s C.A
Mr Malhotra said that with UPI transactions growing rapidly, India's digital payments sector has also witnessed rapid growth.
Mr Malhotra said that with UPI transactions growing rapidly, India’s digital payments sector has also witnessed rapid growth. In 2023-24, UPI transactions reached Rs 200 lakh crore, an increase of 138% over 2017-18. This growth in digital payments has positioned India as a global leader in the sector and UPI is now operational in seven countries, further boosting financial inclusion and remittance inflows. Through the continuous expansion of initiatives such as digital payment solutions and UPI, India is setting new benchmarks for economic empowerment and financial transparency and also noted that more than 40% of the world’s real-time payment transactions take place in India.
The central government’s emphasis on inclusive healthcare has ensured that India was only the fifth country to develop covid vaccines and successfully implemented the world’s largest vaccine programme in which 221 crore doses were administered to the people of the country.
The Minister of State highlighted that Ayushman Bhar. read more
