Aadhaar numbers that have been linked to bank
accounts had touched 100 million, enabling these individuals to digitally
receive subsidies and benefits under government schemes.
Unique Identification Authority of India (UIDAI) said
establishing a link between an Aadhaar number and a bank account makes it easy
for the government to identify genuine beneficiaries and route welfare payments
and subsidies directly into their bank accounts.
As on December 9, the Aadhaar Payment Bridge saw
transactions crossing the 7.94 crore-mark across government welfare programmes
such as Direct Benefit Transfer for liquefied petroleum gas (LPG), Mahatma
Gandhi National Rural Employment Guarantee (MNREGA) scheme, Tribal welfare
schemes and Pensions, amounting to Rs 5,151.5 crore, it said.Issuance of Aadhaars crossed the 720 million-mark as
on December 12.
The individuals can benefit from this system as it
is portable across any bank in the country and the beneficiaries can access
these subsidies even if they move to another part of the country, making the
whole process hassle-free.
As many as 333 banks are live on Aadhaar platform.
These are using Aadhaar Payment Bridge for financial transactions.
The Aadhaar identity platform is the largest
biometric database in the world and serves users ranging from LPG consumers,
MNREGA workers, public distribution system, remittance and scholarship
beneficiaries, etc. - all using their Aadhaar number to avail benefits.
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