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Arvind Shrivastava and P. They are joint secretaries in the PMO. About Us. Support Us Login. Become A Supporter. Hindi Marathi Urdu. Terms Privacy About Us. Privacy Policy. Refund Policy. Going forward, you mentioned earlier about JAM and how it has helped in financial inclusion, in terms of opening bank accounts.

Based on the current base that it has now deeply embedded into the payment and commerce infrastructure, how do you see Aadhaar evolving? Garg: Aadhaar provides the backbone. Three core principles of Aadhaar remain in terms of minimal information, optimal ignorance, and a federated database.

You mentioned the concerns of privacy, those are issues which Aadhaar is very well cognizant of, and that is something that remains uppermost. I just wanted to mention this since it came up in the discussion. Going forward, different regulators are also working on it, whether it is the Securities and Exchange Board of India or the Insurance regulator or the Pension regulator.

These are the areas where the identity of the investor and the person getting insured need to be verified and trusted. I think that increasing growth will come from using the infrastructure available due to the Aadhaar ecosystem.

Yatish Rajawat: Would you say that Aadhaar would be compulsory for anybody taking insurance, whether it is a car insurance or a life insurance? Do you think it would become important for equity and any other transactions that take place in the stock exchange? It will only facilitate the identification or ensuring the verification of the identity of a person.

Yatish Rajawat: There was a conversation or discussion, some years back, about issuing Aadhaar cards to inanimate land buildings and even properties and locations so that they have an identity, and any transaction done on those sets, is recorded, and is transparent and digitally available. Is that still in the pipeline? Is that still expected to happen?

Garg: Aadhaar is only provided to a person who is a resident. There is no proposal to have Aadhaars extended to inanimate objects. Aadhaar, as its Act makes it very clear unto whom an Aadhaar can be issued, and that is a resident.

In the Act or in other Acts, there is a definition of resident. You can perhaps provide the Aadhaar residents the facility where their identity is added to others. But, as far as we are concerned, we only give Aadhaars to a resident. Yatish Rajawat: Thank you for the clarification.

Coming to the delivery of government schemes and the role that Aadhaar is playing in that arena, I wanted to understand a little bit more about how specially the Direct Benefits Scheme is enabled by Aadhaar.

Which all schemes are currently using Aadhaar as an authenticity or as an enabler of transactions in DBTs? Garg: There are more than schemes of the Government of India which use the Aadhaar authentication process. All of these utilise the Aadhaar authentication infrastructure that is available.

And because of the use of Aadhaar in these schemes, it has made them much more seamless, much more transparent, and much more corruption-free as the person can be identified, and the leakages can be reduced. Garg: In fact I can give you a value of the savings alone which have accounted so far from this. It is estimated to be around Rs 1. This is the savings that has happened because of the current identification of beneficiaries and the leakages which have not been there.

Yatish Rajawat: Is this because of the use of Aadhaar, this 1. Is this because of Aadhaar primarily or are there other causes also for the savings? Garg: It's primarily Aadhaar because, firstly, it transparently targets delivery. It ensures that the transfer happens to the correct bank account. For example, iIn the PDS, the correct beneficiary can only take the ration because of the Aadhaar authentication. I think it's the infrastructure of Aadhaar which has led to all these kinds of savings and transparency in the schemes.

Yatish Rajawat: As a public digital asset of the country, and a critical one at that, there are various routes in which a digital infrastructure can evolve. We have seen it in the case of NSDLs that NSDL has expanded its mandate--from merely enabling dematerialisation of equity transfers or share certificates, it went into dematerialisation of other kinds like dematerialisation of ignition schemes, property documents, and even school transcripts and other things that NSDL have tried.

Does the Aadhaar Act enable or allow you to add further intelligent layers of which can be either services or which can add digital value or public good value of the country?

Garg: The Aadhaar Act very clearly ensures that, as I mentioned, the three core principles that we operate on: minimal information, optimal ignorance, and federated databases. Our job is to provide the authentication and verify whether the person who they claim they are, whether they are actually that or not.

But, with the consent of the residents, other organisations can build on the Aadhar infrastructure, and provide some value-added services.

But what will remain core to that--it can only be done with the consent of the residents. The voluntary nature of these activities will definitely be there.



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