Modi says JAM trinity helped save $10b leak
Indian PM says Jan Dhan Yojna, Aadhaar and Mobile trinity helped plug leakages
Prime Minister Narendra Modi yesterday said it must be ensured that digital space doesn’t become a playground for forces of terror and radicalisation and that the Jan Dhan Yojna, Aadhaar and Mobile trinity (JAM) had helped the government save $10 billion (Dh36.7 billion) in leakages.
“The quest for an open and accessible internet often leads to vulnerability. Stories of hacking and defacement of web sites are the tip of an iceberg. They suggest that cyber attacks are a significant threat, especially in the democratic world,” Modi told the inaugural session of the fifth edition of the Global Conference on Cyber Space (GCCS).
Financial inclusion
“Three factors — financial inclusion through our JanDhan bank accounts; the Aadhaar platform; and the mobile phone — have greatly helped reduce corruption.
“We need to ensure that vulnerable sections of our society do not fall prey to the evil designs of cyber criminals. Alertness towards cyber-security concerns should become a way of life,” he said.
Modi said the JAM trinity had also helped bring in transparency.
“We call this the J.A.M. or JAM trinity. Through better targeting of subsidies, the JAM trinity has prevented leakages to the tune of nearly $10 billion so far.”
Modi said that one of the major focus areas should be the training of well-equipped and capable professionals to counter cyber threats.
“On a related note, nations must also take responsibility to ensure that the digital space does not become a playground for the dark forces of terrorism and radicalisation. Information sharing and coordination among security agencies is essential to counter the everchanging threat landscape.”