India saves 650 cr a year through Aadhar Card: World Bank

World Bank has recognized the supremacy of Aadhaar. Praising Aadhar card project World Bank has said that reach of public services has increased by giving “Unique Digital Identification” to 100 crore people in last 5 years in India. Also, this initiative has brought reduction in corruption by saving Rs.650 crore annually to the exchequer. Kasuahik Basu, Chief Economist of World Bank has said this. Basu added that Aadhar card will help the government in preparing budget and reducing unnecessary expenditure. Aadhar card is also helping government in providing other services to the citizens of the country.

Basu at the headquarter in Washington said, “India’s Aadhaar Digital Identification System has already reached to 100 crore people. It is helping in delivering services to poor more easily. India is progressing towards registering 125 crore people through Aadhaar project”. According to World Bank, time has arrived to use digital technology for public interest. Similar to India, other countries should also implement digital identification scheme. Basu said, “Revolutionary change is that 40% of world’s population is connected to Internet. Along with celebrating this success, it should be noted that a section of society is not deprived of such things.”

World Bank on Aadhaar

Jim Yong Kim, President World Bank said, “We should continue to be associated with someone so that no one is left. Digital benefits should reach to every section of the society. Countries should encourage their trade ambiance, education of the people, investment in health and better works”. World Bank has discussed about Aadhaar card in its annual development report. Indians are using Aadhar card for opening bank account, monitoring attendance registers of government employees and availing subsidy benefits.

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