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Friday, March 23, 2012

Centre To Link Pension Payments To Aadhaar

At a meeting chaired by Jairam Ramesh, union minister of rural development, it was decided that payment of pension for the elderly, widows and disabled persons will be linked to Aadhaar in order to ensure timely delivery. Likely to be evolved by 10 March 2012, the new system will first be launched on a test basis in some states. If successful, it will also cover the entire country by the next financial year. "The architecture of the route taken by the money to reach the beneficiary will also be revised. The system will be so developed that the funds the states receive from the Centre are directly paid to the beneficiary through micro ATMs," mentions a report by Business Line.

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