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15 cr bank accounts linked to Aadhar

7March1National Payments Corporation of India said it has reached a major milestone of successfully linking 15 crore bank accounts with Aadhaar number. It is expected that soon all beneficiaries of all types of government subsidiaries/benefit transfers will be brought under the linkage program. The current focus is on linking the bank accounts of 17 crore direct benefit transfer beneficiaries with Aadhaar numbers, latest by 30 June 2015. A.P. Hota, MD and CEO of NPCI, said such a framework of electronic benefit transfer would not only be unique but also be one of the largest in the world. The extent of leakage prevented due to this unique system would be visible on completion of running the scheme for about a year, he added.

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