Aadhaar ID saving Indian govt about USD 1 bln per annum: World Bank

India is on track to register its entire 1.25 billion population using its Aadhaar digital ID, the World Bank said.

By: PTI | Washington | Updated: January 14, 2016 3:10 pm
aadhar-759 Aadhar IDs

Hailing India’s Aadhaar digital ID, the World Bank has said the initiative is estimated to be saving the government about USD 1 billion annually by curbing corruption as it underlined that digital technologies can promote inclusion, efficiency and innovation.

“We estimate that this (Aadhaar digital ID) is saving approximately USD 1 billion (Rs 650 crores) a year by reducing
corruption and leakage for the Indian government. It is a help in fiscal budgeting. It is a help in providing other useful services,” World Bank Chief Economist Kaushik Basu told reporters here during the release of a report on Digital Dividends.

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“India’s Aadhaar digital identification system has already reached close to one billion people enabling many of the poor to access services more easily and making it possible for government to deliver welfare services more easily,” he said at the World Bank headquarters here.

Read Nandan Nilekani’s opinion: ‘Why Supreme Court judgment on Aadhaar calls for an appeal’

India is on track to register its entire 1.25 billion population using its Aadhaar digital ID, the World Bank said
yesterday. This, it said, would help the government to promote the inclusion of disadvantaged groups in its welfare schemes.

“Technology can be transformational. A digital identification system such as India’s Aadhaar, by overcoming complex information problems, helps willing governments to promote the inclusion of disadvantaged groups,” the World Bank said.

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“India is on track to register its entire population using its Aadhaar digital ID,” the Bank said in its new ‘World
Development Report 2016: Digital Dividends,’ authored by Co-Directors, Deepak Mishra and Uwe Deichmann.

The report noted that digital technologies can promote inclusion, efficiency, and innovation.

“Digital technologies are transforming the worlds of business, work, and government,” said Jim Yong Kim, President
of the World Bank Group.

“We must continue to connect everyone and leave no one behind because the cost of lost opportunities is enormous. But
for digital dividends to be widely shared among all parts of society, countries also need to improve their business
climate, invest in people’s education and health, and promote good governance,” he said. Basu said it is an amazing transformation that today 40 per cent of the world’s population is connected by the internet.

“While these achievements are to be celebrated, this is also occasion to be mindful that we do not create a new underclass. With nearly 20 per cent of the world’s population unable to read and write, the spread of digital technologies alone is unlikely to spell the end of the global knowledge divide,” he said.

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  1. A
    Anil
    Jan 14, 2016 at 8:54 am
    Adhhar initiative was by BJP government and Modiji started implementing it.He started this first in Gujarat.
    Reply
    1. A
      Anil
      Jan 14, 2016 at 11:45 am
      Like you, I am not ashamed to reflects his achievements. UPA might have proposed this but the real implementation was carried out by after Modiji's Government came into power.
      Reply
      1. R
        Rajesh
        Jan 14, 2016 at 11:38 am
        He is a Nehru bootlicker that runs around bringing Modi into everything.
        Reply
        1. R
          Rajesh
          Jan 14, 2016 at 11:38 am
          It is not the Aadhar that saved the money, it is the linking of various schemes to the Aadhar.
          Reply
          1. P
            Prem Adhav
            Jan 15, 2016 at 5:53 am
            Indeed it saving billions but majority of card holders misusing it.
            Reply
            1. N
              Nazy
              Jan 14, 2016 at 9:46 am
              Bloody fool. This was the pet project of UPA and BJP was against it. They even had told they will cancel the project if they get the power. Have you heard about Nandan Nilekani.
              Reply
              1. P
                Peoples Person
                Jan 14, 2016 at 9:55 am
                A completely hypothetical number, considering the number of bogus, untraceable Aadhaars issued so far. Also, no attempts have been made by government to look into the privacy aspect of Aadhaar ; despite Supreme Court order.
                Reply
                1. K
                  Krishnan
                  Jan 14, 2016 at 8:23 am
                  1 billion is 6,500 crores and not 650 crores
                  Reply
                  1. S
                    Sathish
                    Jan 14, 2016 at 11:12 am
                    Slave card for all slaves!
                    Reply
                    1. S
                      s shrotri
                      Jan 16, 2016 at 6:32 am
                      Opinion of world bank or just 1 person of world bank as when it expressed apprehension on the safety of minorities.
                      Reply
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