Aadhar linked to Bank Accounts crosses ten crores
Updated: Dec 15, 2014 04:12:49pm
New Delhi, Dec 15 (KNN) The Government’s Digital India mission has taken off in a big way. The Government’s Digital India mission has taken off in a big way. A very significant milestone has been achieved with ten crore Aadhaar numbers having been linked to bank accounts of Aadhaar holders so far as a part of the mission.
Aadhar number would enable these individuals to digitally receive government welfare subsidies and other payments directly into their bank accounts, in a hassle-free manner.
It was very critical to establish a link between an Aadhaar number and a bank account so that it makes it easy for the government to identify genuine beneficiaries and route welfare payments and subsidies directly into their bank accounts. This will also help the individuals with bank portability in case of his travel or shifting to any part of the country. The individual can benefit immensely from this system as his account would be portable across any bank in the country and he/she can access these subsidies even if the person moves to another part of the country, making the whole process hassle-free. As of now, 333 banks are live on this platform.
In order to link Aadhaar number to their bank account, residents need to provide a copy of their Aadhaar letter or their e-Aadhaar to the bank branch in which he/she holds the account. Once the account is seeded, the account will be used by Government departments to transfer subsidies directly into this bank account.
A facility for the residents has also been given where residents can check status of the Aadhaar-Bank account linkage by dialling *99*99# on their mobile phone. This facility is provided by National Payments Corporation of India (NPCI) at a cost of Rs.1.50 per enquiry.
The Aadhaar identity platform is the largest biometric database in the world and serves users ranging from LPG consumers, MNREGA workers, PDS, remittance and scholarship beneficiaries, etc. – all using their Aadhaar number to avail benefits.
Till 9th December 2014, about eight crore transactions have been made through the Aadhaar Payment Bridge for various Government welfare programs such as Direct Benefit Transfer for LPG, Mahatma Gandhi National Rural Employment Guarantee scheme, Tribal welfare schemes, Pensions, amounting to Rs.5,151.51crore.
Issuance of Aadhaars crossed the 72 crore-mark as on Dec 12, 2014. In the states of Uttar Pradesh, Bihar, Uttarakhand and Chhattisgarh, over 10 crore Aadhaar numbers have been generated. These four states with a combined population of about 34 crore, were allocated to UIDAI earlier this year for issuance of Aadhaars.
The Unique Identification Authority of India (UIDAI) has received national and international acclaim for the Aadhaar project. Very recently, the Data Security Council of India declared UIDAI as the best agency for “Security in e-Governance”. (KNN/TR)
Aadhar number would enable these individuals to digitally receive government welfare subsidies and other payments directly into their bank accounts, in a hassle-free manner.
It was very critical to establish a link between an Aadhaar number and a bank account so that it makes it easy for the government to identify genuine beneficiaries and route welfare payments and subsidies directly into their bank accounts. This will also help the individuals with bank portability in case of his travel or shifting to any part of the country. The individual can benefit immensely from this system as his account would be portable across any bank in the country and he/she can access these subsidies even if the person moves to another part of the country, making the whole process hassle-free. As of now, 333 banks are live on this platform.
In order to link Aadhaar number to their bank account, residents need to provide a copy of their Aadhaar letter or their e-Aadhaar to the bank branch in which he/she holds the account. Once the account is seeded, the account will be used by Government departments to transfer subsidies directly into this bank account.
A facility for the residents has also been given where residents can check status of the Aadhaar-Bank account linkage by dialling *99*99# on their mobile phone. This facility is provided by National Payments Corporation of India (NPCI) at a cost of Rs.1.50 per enquiry.
The Aadhaar identity platform is the largest biometric database in the world and serves users ranging from LPG consumers, MNREGA workers, PDS, remittance and scholarship beneficiaries, etc. – all using their Aadhaar number to avail benefits.
Till 9th December 2014, about eight crore transactions have been made through the Aadhaar Payment Bridge for various Government welfare programs such as Direct Benefit Transfer for LPG, Mahatma Gandhi National Rural Employment Guarantee scheme, Tribal welfare schemes, Pensions, amounting to Rs.5,151.51crore.
Issuance of Aadhaars crossed the 72 crore-mark as on Dec 12, 2014. In the states of Uttar Pradesh, Bihar, Uttarakhand and Chhattisgarh, over 10 crore Aadhaar numbers have been generated. These four states with a combined population of about 34 crore, were allocated to UIDAI earlier this year for issuance of Aadhaars.
The Unique Identification Authority of India (UIDAI) has received national and international acclaim for the Aadhaar project. Very recently, the Data Security Council of India declared UIDAI as the best agency for “Security in e-Governance”. (KNN/TR)
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