JAM is an acronym which stands for Jan Dhan Yojna, ADHAAR and Mobile number. It is seen as the biggest reform regarding direct subsidy transfer in terms of cash. Currently there are multitude of subsidy schemes running for the poor through multiple channels. This entails a huge cost along with other problems of corruption, lack
Examine the key features of the Jan Dhan Yojana and various challenges associated with this scheme. To what extent it might be helpful in rationalizing the subsidies?