Journal Press India^®

Author Details ( * ) denotes Corresponding author

The Indian economy is the third-largest economy of the world in terms of purchasing power parity. It is also the fastest-growing major economy surpassing China. Nevertheless, the challenges remain huge. Millions of people still not been able to enjoy the fruits of growth because of various reasons including corruption in the system. The growth has not trickled down to those people. Corruption is another big issue. The solution it .ms is converting the economy into the digital economy and thereby plucking the leakages in government funding especially to poor people. JAM is one initiative through which the government wants to reduces the growing inequality among the masses. The present paper is a modest attempt to explain the JAM initiative and its potential advantages as well as its limitations.

Keywords

JAM, Digital economy, Inequality, Growth, Corruption

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