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[3] [4] Guinness World Records recognises the achievements made under PMJDY, Guinness World Records Certificate says "The most bank accounts opened in 1 week as a part of financial inclusion campaign is 18,096,130 and was achieved by Banks in India from 23 to 29 August 2014". By 1 June 2016, over 22 crore (220 million) bank accounts were opened ...
The minutes show that out of 39.76 lakh beneficiaries who ought to have been covered under various schemes, only 56% had bank accounts, 25.3% had both bank accounts and aadhaar numbers, but only 9.62% have bank accounts seeded with aadhaar numbers. [37] 74 schemes of 17 ministries of central government were under DBT by 31 May 2016. [38]
The centre has declared that Aadhaar card will be mandatory for opening new bank accounts and for transactions above Rs. 50,000. All existing account holders will also have to submit their Aadhaar details by 31 December 2017, failing which accounts will be deemed invalid.
Using the system, funds could be transferred to any Aadhaar-linked bank account if the Aadhaar number was known. It was announced that an SMS could be used for amounts up to ₹ 5,000 (US$59) and for amounts over that a mobile bank app could be used. By this time around 440 million Aadhaar numbers had been issued. [79]
Instead of citizens having to go from one department to another, multiple government services are provided under a single window. Starting with a single centre offering six services with 1,000 transactions a month in 2001, e-Seva has grown to nearly 200 centres offering 160 services, clocking 30 million transactions/month with a value of ₹500 ...
Unified Mobile Application for New-age Governance (UMANG) is a mobile app, a Digital India initiative [1] of Ministry of Electronics and Information Technology (in short form MeitY [2]), by the Government of India for access to central and state government services.
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Users can link a bank account as self-service option through ATM kiosks, the Internet, bank websites, telephone, or by providing a copy of the Aadhaar letter to a bank. Prior to Aadhaar, the issues plaguing and derailing social security programs in India were caused by corrupt officials and middlemen manipulating paper records and stand-alone ...