‘Prime Minister to announce UID-Aadhar linked bank accounts’


 

 

INDIAKumardeep, BloombergUTV.Aug 3, 2012, 12:40PM IST

 

PM to announce UID-Aadhar linked bank accounts

The government will need to step up spending to negate the impact of the drought. However, in a fiscally constrained year, it is going to have to ensure minimum leakages in subsidy payouts.

 

Bloomberg UTV has learnt that the Prime Minister is likely to announce a UID-Aadhar linked bank account scheme around his annual Independence Day speech.

According to sources, Prime Minister Manmohan Singh may announce the scheme around August 15. “The scheme will be implemented on pan-India basis,” they added.

Sources further said that cash subsidies will be directly transferred to these accounts. “Rs 3 lakh crore of cash subsidies will go through banks and is likely to kick off end of the year.”

 

1 Comment (+add yours?)

  1. Trackback: Fire at UID Data Centre puts 20 crore citizen records at risk #Aadhaar #NandanNilekani « kracktivist

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Archives

Kractivism-Gonaimate Videos

Protest to Arrest

Faking Democracy- Free Irom Sharmila Now

Faking Democracy- Repression Anti- Nuke activists

JAPA- MUSICAL ACTIVISM

Kamayaninumerouno – Youtube Channel

UID-UNIQUE ?

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 6,231 other followers

Top Rated

Blog Stats

  • 1,778,431 hits

Archives

%d bloggers like this: