-The Business Standard A Nandan Nilekani-led task force on an Aadhaar-enabled unified payment infrastructure has recommended setting up a network of one million interoperable micro-ATMs across the country. The ATMs will be operated by business correspondents. The task force, headed by the Chairman of Unique Identification Authority of India, submitted its report to Finance Minister Pranab Mukherjee on Thursday. The panel has suggested that in order to set-up this network quickly, a last-mile transaction...
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UPA makes its case for cash transfers by Remya Nair & Surabhi Agarwal
India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...
More »Aadhaar can't fix all that ails PDS: Abhijit Sen
-The Hindu ‘The argument that too many people are coming forward to claim benefits is flawed' Aadhaar, the Unique Identification Authority of India (UIDAI) project, cannot “fix” all that is wrong with the Public Distribution System, Abhijit Sen, member of the Planning Commission, said here on Saturday. The biometric identification and authentication project has been touted by the Planning Commission as a panacea for all issues that plague the Public Distribution System (PDS),...
More »UIDAI launches Aadhaar authentication services
-The Hindu The services will enable transfer, application procedures to be brought to one's door Last Christmas Eve, 35 people in a remote village of Jharkhand received a unique present. They became the first Indians to access their Mahatma Gandhi National Rural Employment Guarantee Scheme bank accounts on their doorstep, having had their identities authenticated through their Aadhaar numbers. They are among the earliest beneficiaries of the next phase of the ambitious —...
More »Do we need the Aadhar scheme?
-The Business Standard Its guarantee of non-duplication can have far-reaching cost benefits but it has deep design flaws that can be compromised. PRAVEEN CHAKRAVARTY Former Volunteer, Financial Inclusion, UIDAI* “Aadhaar is an unadulterated identity programme that answers the question: Is the individual who he or she claims to be?” The word “unique”, and not “identity”, is central to the unique identity programme or Aadhaar. It may be true that the vast majority of people possess some...
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