Union Home and cooperation minister AmitShahsaid that cooperative sector banks will soon be given permission to implement government welfare schemes, which use the trinity of Jan Dhan-Aadhaar-Mobile (JAM) for direct benefit transfer (DBT).
JAM is the Centres initiative to linkJan Dhanaccounts, mobile numbers and Aadhaar cards to plug leakages of government subsidies.
The cooperative sector has been kept away from JAM DBT schemes. But the Centre has now decided to allow the to implement these government schemes.
At present, 52 ministries use DBT with the help of JAM to provide assistance to beneficiaries under 300 government schemes.