Astonishingly Aadhaar saved 56000 Cr of nation’s treasury

NewsBharati    13-Feb-2018
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New Delhi, February 13: Aadhaar is not only a card with 12 digits but it’s a powerful tool to fight against corruption. Likewise, Aadhaar has been proved to be a tool for good governance. Till now Aadhaar has saved nearly 56000 Cr of our government’s treasury.

 

PM Modi made the whole nation astonished with these numbers. He said that the Centre has saved Rs 56,000 crores through Aadhaar- enabled direct benefit transfer of about 400 government schemes.

Stating that technology plays a pivotal role in the growth of an economy, Modi said one tax structure or GST has been made possible in India only because of it.

In his keynote address at the World Government Summit in Dubai, he said the government's e-market programme of GEM has witnessed transactions worth Rs 4,500 crores in a very short span of time. Government e-Marketplace is meant for online purchase of commonly used goods and services by various central government ministries and departments.

Modi said due to technology-enabled GEM, even smallest of traders can sell their goods using this platform.

He further said India is going through a revolution in digital payment space and fast moving towards a less cash economy.

Linkage of Aadhaar with various services like Bank account, mobile number, PAN Card etc has led to transparency in the functioning.