Aadhaar enrollment aiming to combat subsidy leaks

The Indian economy is surrounded by all bad macros, including the industrial growth contraction and climbing consumer inflation. However, one long-term positive that maybe taking place is the Aadhaar enrolment and some steps on giving direct cash in place of subsidies.

Over just the last one month, nearly 10 lakh LPG consumers spread over 18 districts have already received Rs 41 crore in direct cash transfers and initial calculations show that this mechanism has already helped clean-up the LPG database. LPG consumption has fallen 3 percent year-on-year over the last six months, against a growth of 7-8 percent seen over the same period over the last 3 years.

Brokerage CLSA says that once rolled out pan India, more leakages in the system will be plugged and the government stands to save nearly USD 2 billion.

CLSA estimates that of the existing 140 million LPG connections, 25 million could turn out to be duplicates, or customers holding more than one connection at the same address. Of these, 6.3 million accounts have already been blocked thanks to the new Know Your Customer (KYC) norms.

The Aadhaar initiative will also help immensely, especially when it comes to governance at the state government level.

The Aadhaar scheme is seeing 15-20 million enrolments a month, and now covers 367 million Indians. Though seeding of Aadhaar cards with bank accounts continue to remain a challenge, state governments have begun using the platform to cut down on systemic inefficiencies in welfare programs and to improve overall services.

The Maharashtra government, for instance, plans to link Unique Identification Authority of India (UIDAI) data to property tax records, a move that will help eliminate ghost beneficiaries. Jharkhand, meanwhile, has mandated Aadhaar for registering land deals from January 2014.

It may be a while before Aadhaar based cards or direct cash can be transferred to food, kerosene and fertiliser beneficiaries. But with states insisting on Aadhaar numbers for land sales, for education and health benefits are we going to see more savings on ghost applicants and fraud claimants?

To know more on Aadhaar linked bank accounts and how it will benefit states, click here .

Anda sedang membaca artikel tentang

Aadhaar enrollment aiming to combat subsidy leaks

Dengan url

http://remajantigalau.blogspot.com/2013/07/aadhaar-enrollment-aiming-to-combat.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Aadhaar enrollment aiming to combat subsidy leaks

namun jangan lupa untuk meletakkan link

Aadhaar enrollment aiming to combat subsidy leaks

sebagai sumbernya