What is the name of the portal for 'Credit-linked government schemes' of the Indian Government?

The correct answer is JanSamarth Portal.

Key Points

• The JanSamarth Portal is a one-stop digital platform launched by the Indian Government for availing credit-linked government schemes.
• It was officially launched on 6th June 2022 by PM Narendra Modi during the 'Iconic Week Celebrations' of the Ministry of Finance.
• The portal aims to promote inclusive growth by connecting beneficiaries with various government initiatives related to loans and subsidies.
• The platform simplifies the application process by offering a single-window system for accessing 13+ credit-linked schemes under various categories such as education, agriculture, and entrepreneurship.
• JanSamarth Portal ensures transparency and seamless digital integration between banks, government departments, and beneficiaries.

Additional Information

• Credit-linked government schemes:
  • These are programs that provide financial assistance through loans or subsidies to eligible individuals or organizations.
  • Examples include PM Mudra Yojana, Stand-Up India, and PMAY-Urban.
• Digital platforms in governance:
  • India has introduced several digital platforms like DigiLocker, UMANG, and e-Shram to promote transparency and ease of access to public services.
  • These platforms are part of the Digital India initiative launched in 2015.
• Role of PM Modi:
  • PM Modi has emphasized the need for technology-driven governance to enhance efficiency and accessibility of government schemes.
  • Efforts like JanSamarth Portal align with his vision of minimum government, maximum governance.
• Financial inclusion:
  • Financial inclusion refers to the availability and accessibility of financial services to all segments of society, especially the underprivileged.
  • Platforms like JanSamarth Portal play a critical role in achieving the Indian Government’s financial inclusion goals.
• Technology integration:
  • JanSamarth Portal uses AI-based algorithms to match beneficiaries with suitable schemes and financial institutions.
  • This ensures that applicants receive the most relevant financial assistance without manual intervention.