Aadhaar Has Helped Indian Government To Save Rs. 90,000 Crore: UIDAI

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The use of Aadhaar has resulted in the savings of a whopping Rs. 90,000 crore as on March 31, as stated by J Satyanarayana, the chairperson of the Unique Identification Authority of India (UIDAI), in the three-day conference organized by the Indian School of Business (ISB).

Over 3 crore transactions, on an average, are done so far using the identification system. The primary uses of Aadhaar being for ration, pension, rural employment, and scholarships. Moreover, many citizens use Aadhaar for transacting using Aadhaar pay, or for accessing Govt. schemes with the help of their Aadhaar number and many more services.

Changes After Aadhaar Was Implemented

Since the inception of Aadhaar-based Direct Benefit Transfer (DBT), almost Rs. 90,000 crores are estimated to have been saved or gained by the government. These savings belong to Departments of Petroleum & Natural Gas, Food & Public Distribution, Rural Development mainly, along with various other departments.

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The savings are really huge when compared to the initial investment made for launching Aadhaar card and related systems, which were only Rs. 10,000 crores.

According to the chairman, the government saved Rs. 90,012 by the end of March 2018 by the implementation of Aadhaar is PDS schemes, and this amount is nine times the investment amount – and that proves that Aadhaar was indeed a success.

Usage of Aadhaar Card

All the bogus and the duplicate beneficiaries have been identified and removed with the help of Aadhaar. Not only this, as it has been declared mandatory by the government, a total of 121 crore Aadhaar cards have been issued so far. That means nearly 92% of India’s population now has a Unique Identification Number. Moreover, every day 10 lakh people enrol or update their Aadhaar card.

Despite this, the usage of Aadhaar has declined to the lowest level in June this year. After touching a peak of 1.48 billion in last year September, Aadhaar authentications declined over 40% to 859 million in June 2018.

However, the technology is advancing at a very fast pace, and to cope up with this advancement, the government has to regularly make some changes in the Aadhaar to keep it updated.

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For the Future

Our country is slowly heading towards the era of “invisible governance”, but for that, a lot of extensive research is required in some fields.

The government has planned to research further in creating more efficient biometric identification systems; enhancing the security of Aadhaar eco-system and to focus on improving the whole process of enrollment, updating, and authentication. Not only this, it is also intending to launch the operation in areas with challenged networks, with using Artificial Intelligence and Machine Learning to detect and prevent frauds.

The objective of the three-day conference being held at the ISB is primarily to showcase the research work done by the Digital Identity Research Initiative (DIRI)at the ISB. If you’re curious about DIRI, then you should know that DIRI’s research especially focuses on Aadhaar and works on exploring the positive and the negative points of the ecosystem.

The context for the international conference at ISB was set by Ashwini Chhatre, who is the executive director of DIRI. In the conference, around 150 researchers have participated from around the globe. These participants are researching mainly on the digital identity and hail from both India and abroad.

As the citizens of India, you should know that the data you have fed in Aadhaar card is protected and you need not worry regarding privacy concerns. Satyanarayana stated that Aadhaar data is completely safe and secure and is kept in about 7000 servers in Bengaluru and Manesar. So, sit back and be proud of this initiative by the government of India, which is now helping India pave its way towards a fraud-less and a digitalized country!

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