Aadhaar-enabled system to be used for subsidy payments
September 20th, 2011 - 7:51 pm ICT by IANSNew Delhi, Sep 20 (IANS) The unique identification numbers or Aadhaar-enabled unified payment infrastructure will be used for direct transfer of subsidies on kerosene, liquefied petroleum gas (LPG) and fertilisers, the government said Tuesday.
The terms of reference of the task force headed by Nandan Nilekani, chairman of the Unique Identification Authority of India (UIDAI), have been expanded to include an Aadhaar-enabled unified payment infrastructure, the finance ministry said in a statement.
The task force was constituted in February this year to recommend and implement a solution for direct transfer of subsidies on kerosene, LPG and fertiliser to intended beneficiaries.
Now, the finance ministry has asked the task force to suggest a solution for direct transfer of subsidy, wherein ministries and state governments, through a payments bridge, can transfer funds into any Aadhaar-enabled bank account on the basis of the UID number.
The task force will submit its final report on the extended terms of reference within three months.
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- UIDAI to refresh data collection process in second phase - Feb 07, 2012
- Aadhaar to pilot financial, banking services in 50 districts - Apr 18, 2012
- Budget signals major subsidy reform on fertilizers, kerosene (Lead) - Feb 28, 2011
- Over 2.8 crore unique identity numbers issued - Aug 24, 2011
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- Manmohan Singh, Sonia Gandhi to launch Unique Identification Numbers on Sept. 29 - Sep 27, 2010
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- One crore Indians get their unique ID number - Jun 30, 2011
- Denial of funds not a setback, says Nilekani - Sep 29, 2011
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Tags: beneficiaries, bridge, fertiliser, finance ministry, India, kerosene, lpg, New Delhi, payment infrastructure, petroleum gas, state governments, subsidies, subsidy payments, task force, terms of reference, three months, uid number