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1 billion bank a/cs set to linked to ...

Chalanachithram.com DB » New TF Industry Related » Archive through August 31, 2017 » 1 billion bank a/cs set to linked to 1 bn Aadhaar numbers « Previous Next »
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Pavala
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Username: Pavala

Post Number: 27651
Registered: 02-2008
Posted From: 165.225.64.64

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Posted on Wednesday, August 30, 2017 - 09:00 am:       

//ae parties panchayo details ettu first :D//

maa nippu uppu pappu, the admin - hitech city nirmatha...hyd kattinchina dheerudu, corruption ante suicide chesukune Bob the great....and....yuva vyaaparavetha, Bill Gates ni gate kaadaki urikinchi kotte sathaa unna jaggad...both distributed crores of money in a hyped elachan...
Also Robo 2 will be the first ever movie to have hero on the poster but not in the movie... - Sesani
 

Rajusk
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Username: Rajusk

Post Number: 58338
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Posted From: 170.74.231.21

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Posted on Wednesday, August 30, 2017 - 08:58 am:       


Pavala:

first aa bye-elechans lo kattal kattal dabbul elaa vachaayo info unte ettu.




ae parties panchayo details ettu first :D
 

Teluguhero
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Username: Teluguhero

Post Number: 2335
Registered: 04-2008
Posted From: 73.53.247.140

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Posted on Wednesday, August 30, 2017 - 08:57 am:       


Pavala:

Babu
enti maaku ee torture...first aa bye-elechans lo kattal kattal dabbul elaa vachaayo info unte ettu...also the money distribution back to normal?




Demonetization is step by step process.Rs 2,000 note also will be scrapped in fuuture
 

Chanakya
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Username: Chanakya

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Posted on Wednesday, August 30, 2017 - 08:44 am:       

Aadhaar ke fool proof security ledu ante, daaniki mottam link chesi chivariki naakistaru
No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange
 

Pavala
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Username: Pavala

Post Number: 27650
Registered: 02-2008
Posted From: 165.225.64.64

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Posted on Wednesday, August 30, 2017 - 08:42 am:       

Babu
enti maaku ee torture...first aa bye-elechans lo kattal kattal dabbul elaa vachaayo info unte ettu...also the money distribution back to normal? middle class naddi meedha muddix meedha thannatam thappinchi okka high profile candi anna emanna thaggaadaa? ento ee gimmicks..chas
Also Robo 2 will be the first ever movie to have hero on the poster but not in the movie... - Sesani
 

Teluguhero
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Username: Teluguhero

Post Number: 2334
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Posted on Wednesday, August 30, 2017 - 08:30 am:       

http://www.livemint.com/Politics/IoXqbXPsQbaEvIwcqwPZnN/1-bn -bank-accounts-set-to-be-linked-to-1-bn-Aadhaar-numbers.html

1 bn bank accounts set to be linked to 1 bn Aadhaar numbers, says Arun Jaitley
Finance minister Arun Jaitley says the government now directly transfers Rs74,000 crore to the accounts of 350 million beneficiaries annually

New Delhi: Measures to promote financial inclusion, transfer of entitlements to people’s bank accounts using Aadhaar and access to credit to the unorganized sector are making sure that no citizen is left outside of the national mainstream, finance minister Arun Jaitley said on Sunday.

Jaitley’s remarks, in an article released by the finance ministry, marked the completion of three years by the Prime Minister’s Jan Dhan Yojana, a scheme aimed at offering access to basic banking services to the poor.

Jaitley wrote that just as the goods and services tax (GST), rolled out on 1 July, had united Indian states into a common market, Jan Dhan Yojana and a revolution driven by the use of Aadhaar and mobile phones can link all Indians into “one common financial, economic, and digital space.”

“No Indian will be outside the mainstream. This is nothing short of a social revolution,” wrote Jaitley.

Aadhaar, the 12-digit number issued by the Unique Identification Authority of India (UIDAI), establishes the identity of individuals using biometrics and helps in minimizing diversion of the benefits meant for the needy.

The finance minister said the country was within reach of achieving 1 billion bank accounts being linked with 1 billion Aadhaar numbers and 1 billion mobile phones. So far 524 million Aadhaar numbers have been linked to 736.2 million bank accounts in India.

The second volume of the Economic Survey 2016-17 released earlier this month said the Jan Dhan scheme helped in reducing gender disparity in savings bank accounts. The proportion of women account holders increased from 28% in March 2014 to 40% in March 2017, the Survey said. The total number of savings accounts stood at 1.09 billion at the end of March.

“The government now makes direct transfer of Rs74,000 crore to the financial accounts of 35 crore beneficiaries annually, at more than Rs6,000 crore per month,” wrote Jaitley in the article, which was also shared as a Facebook blog.

Entitlements under anti-poverty and welfare schemes including cooking gas subsidy, wages to workers under the employment guarantee scheme, old age pensions and student scholarships are transferred directly to the bank accounts of beneficiaries.

“Direct benefits transfer linked to Aadhaar is the right technological solution in making subsidy targeted. A blanket subsidy is a flawed system since it benefits the undeserving,” said Rajat Kathuria, director and chief executive, Indian Council for Research on International Economic Relations (Icrier).

The government saved Rs21,000 crore in subsidies by blocking fake liquefied petroleum gas (LPG) connections, PTI reported in February.

Under the Prime Minister Mudra Yojana, a scheme meant to provide credit to non-corporate businesses, loans of up to Rs10 lakh are directly credited into the bank accounts of beneficiaries. Jaitley said until 18 August, Rs3.66 trillion had been distributed to 87.7 million beneficiaries under the scheme.

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