Moneycontrol PRO
HomeNewsBusinessEconomy9.39 cr Jan Dhan accounts seeded with Aadhaar: Jayant Sinha

9.39 cr Jan Dhan accounts seeded with Aadhaar: Jayant Sinha

"Government is linking bank accounts with Aadhaar to accurately transfer benefits. 9.39 crore Jan Dhan accounts have been seeded with Aadhaar cards," Sinha tweeted.

March 22, 2016 / 17:14 IST

As many as 9.39 crore Jan Dhan accounts have been seeded with Aadhaar, Minister of State for Finance Jayant Sinha said today.

"Government is linking bank accounts with Aadhaar to accurately transfer benefits. 9.39 crore Jan Dhan accounts have been seeded with Aadhaar cards," Sinha tweeted.

Aaadhaar, the unique identity number, is being used for transfer of LPG subsidy and some other government programmes.

There are plans to transfer fertiliser subsidy through Direct Benefit Transfer (DBT) using Aadhaar.

Last week, Parliament passed the Aadhaar Bill that aims at better targeting of subsidies through the Aadhaar unique identity number within hours of the Upper Housing returning it.

The government considers the Aadhaar bill as a significant instrument for implementing its Direct Benefit Transfer (DBT) schemes for better targeting of beneficiaries but the Opposition attacked the government saying it was violating the Supreme Court direction that Aadhaar card cannot be made mandatory but should only be voluntary.

first published: Mar 22, 2016 03:02 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347