Wednesday, May 17, 2017

Aadhaar program saving India big money

Economic Times:

This is one of the catalyst I wrote about in my recent article on Fairfax India published on Seeking Alpha.

The linked article states that the Aadhaar system has saved the Indian government Rs 36k crore which is around $5.5 billion dollars.

That is just one benefit of the program. The bio-metric data used in the Aadhaar system will allow many Indians to enter the legitimate financial system.

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