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English Release 22-December 2014
Date Month Year
  • President's Secretariat
  • President of India’s message on the eve of National Day of Japan
  • Min of Agriculture
  • Year end Review for the Ministry of Agriculture for the Year 2014-15
  • Min of Chemicals and Fertilizers
  • Revival of Fertilisers and Chemicals Travancore Limited (FACT)
  • Gujarat Chief Minister Mrs Anandiben Patel Discusses Various Projects Relating to the State in the Ministry with Chemicals & Fertilizer Minister Shri Ananth Kumar
  • Min of Civil Aviation
  • Airports Improve in Service Quality
  • Waiting Time within OMDA Standards at Domestic Terminals of IGI Airport
  • Non-aeronautical Revenue of AAI increases
  • Min of Coal
  • Dependent on Coal Mines of end use Projects
  • Auction of Coal Blocks for Power Sector
  • Guidelines for E-Auction of Coal
  • Auction of Coal Blocks
  • Min of Culture
  • Panoramic Imagery of monuments
  • Ticketed Monuments of ASI
  • Funds to Zonal Cultural Centres
  • Min of Defence
  • In Furtherance of the Democratic Process - Employment of IAF Helicopters During Assembly Elections in Jharkhand and J&K
  • Ministry of Finance
  • Auction for Sale (Re-Issue) of Government Stock

  • Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM
  • Min of Health and Family Welfare
  • Shri J P Nadda directs central team to visit Chandigarh to support the UT in managing Avian Flu
  • Statement by Shri Jagat Prakash Nadda, Minister of Health & Family Welfare on 22nd December, 2014 in Lok Sabha in response to the call attention motion regarding the situation arising out of spread of “Encephalitis’’ in Uttar Pradesh and other parts of the country and steps taken by the Government in this regard
  • Min of Human Resource Development
  • E-Education Through Broadband Facility
  • ‘Teaching of Science’- A Component of National Curriculum Framework - 2005
  • Higher Education for Person with Special Needs (HEPSN)
  • Min of Labour & Employment
  • Unemployed due to Closure of Industries
  • Registered Unorganised Sector Workers
  • Min of Micro,Small & Medium Enterprises
  • Prime Minister’s Task Force on MSME
  • Performance of MSME Sector
  • Marketing Assistance Scheme under MSME
  • KVIC Schemes
  • Industrial Clusters under SFURTI
  • Workshed Scheme for Khadi Artisans
  • Min of Mines
  • Mining Lease in Tribal Areas
  • Allocation of Bauxite Mines
  • Min of Petroleum & Natural Gas
  • Review of DBTL in Uttar Pradesh through Video Conferencing
  • Demand and Supply of Natural Gas
  • CSR by OMCs
  • Deregulation of Diesel and Natural Gas Pricing
  • Global crude oil price of Indian Basket was US$ 56.91 per bbl on 19.12.2014
  • Min of Power
  • Commissioning of Power Projects
  • Separate Feeders for Farm and Nonfarm Users in Rural Areas
  • Advisory Group for Integrated Development of Power, Coal, and Renewable Energy Submits its Report
  • Ministry of Railways
  • Railway Minister Directs for Formulation of Integrated Policy on Cleanliness
  • Railways Constitutes Task force for Leveraging of Idle Space on Railways to Generate Additional Revenue
  • Railways Vacant Land to be Utilized for Commercial Development Through RLDA
  • Indian Railways Run 1158 Superfast Trains
  • Measures Taken to Strngthen Security on Railways
  • Guidelines for Rauilway Coolies
  • Indian Railways’ Initiatives to Encourage Foreign Investors for Making Investment Under ‘Make In India’ Programme
  • Min of Road Transport & Highways
  • Pilot Projects Launched for Emergency Care of Road Accident Victims
  • Government Approves Scheme for I&C Centres for Motor Vehicles
  • Training for Drivers of Unorganised Sector
  • Min of Science & Technology
  • Understanding Innovation: Indian National Innovation Report by DST
  • Min of Shipping
  • MoU for Commercially Viable Stretches of National Waterway-5
  • No Case of Dumping Hazardous Waste by Ship-breaking
  • Government Takes Initiatives To Increase Coastal Movement of Cargo
  • Min of Steel
  • Health and Safety Records in Steel Sector
  • Mining by Steel PSUS in Foreign Countries
  • Joint Venture in Steel Industry
  • Ministry of Tourism
  • Study to assess impact of International Media Campaign of Ministry of Tourism
  • Central Financial assistance for damage to tourist facilities in Odisha and Andhra Pradesh by Cyclone Hudhud
  • Min of Tribal Affairs
  • Literacy Among Tribals
  • Development Schemes for Tribals
  • Rights of Tribals
  • Min of Women and Child Development
  • The Indian Region Seminar of Commonwealth Women Parliamentarians highlights need for greater safety of women and empowerment at grassroots level
  • Consultative Committee of Women & Child Development Ministry meets to discuss Beti Bachao Beti Padhao scheme

Previous Date

 
Ministry of Finance23-February, 2012 17:17 IST
Task Force on an Aadhaar Enabled Unified Payment Infrastructure Submits Report to Finance Minister;
FM Calls for Upscaling and Implementation of Pilot Projects in More Areas
The Union Finance Minister Shri Pranab Mukherjee said that Aadhaar-Enabled E-payment system would help not only in ensuring the timely payments directly to the intended beneficiaries but would also help in reducing the time taken, transaction costs and t

The Union Finance Minister Shri Pranab Mukherjee said that Aadhaar-Enabled E-payment system would help not only in ensuring the timely payments directly to the intended beneficiaries but would also help in reducing the time taken, transaction costs and the leakages among others.  The Finance Minister said that this would also help in bringing transparency in the system and reducing avoidable delays.  The Finance Minister Shri Pranab Mukherjee was speaking after receiving the Final Report of the Task Force on Aaadhar-Enabled Unified Payment Infrastructure presented to him by Shri Nandan Nilekan, Chairman UIDAI and the Task Force, here today. The Finance Minister Shri Mukherjee further said that pilot projects be upscaled and implemented in more areas and in more States.  So far pilot projects are mainly implemented in the areas of LPG, kerosene, fertilizers and MGNREGS which can be further expanded, the Minister added.  Today’s meeting was also attended among others by the Union Agriculture Minister, Shri Shard Pawar, Rural Development Minister, Shri Jairam Ramesh, Minister of State (Independent charge) for Consumer Affairs, Food and Public Distribution, Shri K.V. Thomas, the Minister of State for Chemicals and Fertilizers, Shri Srikant Jena, Secretaries of various Departments/Ministries and senior officials of Ministry of Finance and Planning Commission among others.

            Earlier, the Chairman UIDAI and the Task Force, Shri Nandan Nilekani made a presentation highlighting the various recommendations made by the Task Force in its Final Report. Shri Nandan Nilekani said that a strategic transformation of the governance can be brought about by the usage of electronic payments across the board. Shri Nilekani said that the Task Force has recommended a systematic platform based approach for the electronic payments. 

            The Task Force which was chaired by Chairman, UIDAI, Shri Nandan Nilekani also included Secretaries of the Departments of Expenditure, Financial Services, Fertilisers, Petroleum, Agriculture, Rural Development, and Food and Consumer Affairs among others. The members also included DG, UIDAI, Controller General of Accounts (CGA), representatives from the NIC, RBI, IBA and NPCI. The Task Force was constituted in September 2011 to recommend, inter alia, a detailed solution architecture for direct transfer of subsidy through a payments bridge wherein funds can be transferred into any Aadhaar–enabled bank account on the basis of the Aadhaar number.

The salient recommendations of the Task Force include that beneficiaries of all social safety net programs (MGNREGS, SSP, JSY, IAY, scholarships, etc.) and recipients of direct subsidy transfer payments (LPG, Fertilisers, kerosene, etc.) can greatly benefit by receiving their payments electronically, directly into accounts of their choice at either banks or post offices. The Task Force recommends that frontline development workers such as school teachers, Anganwadi workers, ASHA workers, etc. who often do not receive their salaries on time, can also receive their salaries by direct deposit into their accounts at banks and post offices. It also recommends that a network of 10,00,000 interoperable microATMs operated by Business Correspondents will have to be set-up across the country for people to access their accounts at their own convenience. In order to set-up this network quickly, the Task Force has recommended that a last mile transaction fee of 3.14% with a cap of Rs.20 per transaction be paid by Government to banks for Government payments. This will also lead to positive network externalities such as reduction in leakages and achieving financial inclusion. In order to reduce the use of cash in the economy, the Task Force also recommends that Government and Government owned institutions accept electronic payments at all locations where they collect payments from citizens, without any additional surcharge. The Task Force also recommends that over a period of time, all payments of Government over the sum of Rs.1,000 should be made or received electronically. Transacting all Government business using electronic payments will help reduce graft, and bring about greater transparency and accountability. This reform will require a systematic platform-based approach to payments. For this the Task Force has  recommended the adoption of the following:

1. Government e-Payments Gateway (CGA): Enable straight-through processing and release of funds from Ministry of Finance to the Line Ministries;

2. Aadhaar account opening and authentication platform (UIDAI): Provides electronic account opening capability along with real-time authentication of residents;

3. Aadhaar Payments Bridge (NPCI): An interoperable system operated by NPCI for transferring funds into accounts at banks and post offices on the basis of Aadhaar number;

4. MicroATM network (Banks and India Post): An interoperable network of Business Correspondents deploying MicroATMs for balance query, deposits, withdrawals, and remittances; and

5. Mobile banking: Provide self-service banking capabilities through mobile phones for everyone. The Union Finance Minister accepted the Task Force Report in-principle and stated that necessary steps would be taken to implement the recommendations of the Report. The Task Force report is available on the Ministry of Finance website i.e. www.finmin.nic.in

 

DSM/SS/GN

 


(Release ID :80491)

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