February 24, 2012 9:06 AM

printer

FM calls for expansion of pilot projects on Aadhaar-enabled e-payment system

Finance Minister Pranab Mukherjee called for expanding pilot projects on Aadhaar-enabled e-payment system to more states and areas.

His comments came after the Task Force on Aaadhar-Enabled Unified Payment Infrastructure, headed by UIDAI-Chairman Nandan Nilekani, submitted its final report to Mukherjee yesterday.

He said, so far pilot projects on Aadhaar-enabled e-payment system are mainly implemented in the areas of LPG, kerosene, MGNREGS and fertilisers which can be further expanded.

The task force suggested that 10 lakh business correspondents be appointed to ensure that social sector schemes' benefit reach the intended beneficiaries in about six lakh villages.

Business correspondents are the persons who facilitate banking and financial services at places where full-fledged banking services are not available.

Most Read
View All arrow-right

No posts found.