Card less #banking to become reality soon: http://bit.ly/enir3S @livemint #Aadhaar #UID #UIDAI
"To popularise banking services, Aadhar would electronically create accounts for poor individuals at partner banks, said the agency chairman Nandan Nilekani on Wednesday.
His statement addresses the concerns of many bankers who had feared that they did not have the infrastructure to creating bank accounts for millions of Aadhar number holders. The authorities of the Aadhar project, which is working to give a unique number to all Indian residents, see spread of banking as a major outcome of their effort.
Eighty per cent of the two million individuals, who have been enrolled for the unique Aadhar number so far, have requested for bank accounts, said Nilekani while addressing the Nasscom Leadership Forum 2011. The poor individuals find it difficult to open bank accounts as they are unable to meet the Know Your Customer (KYC) norms of the banks. Under KYC norms, banks are required to verify documents, which authenticate the identity of individuals, to prevent the misuse of bank accounts for money laundering, terrorism and other illegal activities.
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"UIDAI in Jharkhand has opened over 50,000 bank accounts"
"Ranchi: Come February and Ranchi will turn into an e-District. It will be the first district in the state to adopt the e-Governance mechanism to offer as many as 14 e-Services to the people.
Initially, the schemes will be launched on a pilot project basis, which could be extended to other utility services later on.
The services, which include creation and distribution of income, domicile, caste, birth and death certificates among others, will ease the problems of the people, who otherwise had to wait for a week or two to get the same, Ranchi Deputy Commissioner (DC) KK Soan said.
Announcing the proposal, the Ranchi DC said, “After the launch of e-Services in the district next month, a person sitting in any corner of the country could be able to apply for and procure his/her certificates online.”
In a bid to ensure smooth functioning of the e-Services, the DC held a marathon meeting of the officials of Information Technology Department, Ranchi Municipal Corporation (RMC) and Supplies Department, and appealed them to update their database so that it gets off to a flying start. "