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English Release 3-March 2015
Date Month Year
  • President's Secretariat
  • President of India to inaugurate week long Festival of Innovations at Rashtrapati Bhavan on March 7, 2015

  • President of India’s message on the eve of National Day of Bulgaria
  • Dr. Baburam Bhattarai, former PM of Nepal calls on the President
  • Prime Minister's Office
  • Text of PM's reply to the debate on Motion of thanks to President’s Address in Rajya Sabha (Preliminary Transcript)
  • AYUSH
  • Increase in Demand for Medicinal Plants
  • Election Commission
  • Election Commission launches National Electoral Roll Purification and Authentication Programme (NERPAP) from today
  • Min for Develop. of North-East Region
  • Government to promote Northeast Study Center in JNU
  • Min of Agriculture
  • GIS System for Fisheries Sector
  • Employment in Agriculture
  • Use of Modern Equipments in Fruits Production
  • Formation of Multi State Cooperative Societies
  • Min of Chemicals and Fertilizers
  • Revival of Pharmaceutical Units
  • Indigenous Manufacturers Allowed Production of Fortified/ Coated Urea
  • Scheme Approved for Setting UP of Plastic Parks
  • Min of Civil Aviation
  • Thirtyfive Non-metro Airports Identified for Development
  • DGCA Sets up Unit to monitor Airfare
  • Min of Consumer Affairs, Food & Public Distribution
  • 100 Lakh MT wheat for Open Market Sale to contain prices
  • Steps Taken by the Government to contain prices of Essential Food Items
  • The Government targets 300 LMT wheat procurement for ensuing Rabi season
  • Measures to ensure remunerative prices for farmers
  • More than 242 lakh Families having highly Subsidised Foodgrains under the Antyodaya Anna Yojana
  • End-to-End Computerisation of PDS as a Mission Mode Project
  • Adequate foodgrains in the Central pool to meet the domestic requirement
  • Min of Corporate Affairs
  • CSR Activities in Metropolitan Cities of Maharashtra Question
  • Registration of Shell Companies
  • Need of Trained Professionals for CSR Activities
  • Records of Companies Under CSR Category
  • Min of Defence
  • Admiral Harry Harris Jr, Commander Pacific Fleet calls on Admiral Rk Dhowan, Chief of the Naval Staff
  • Intensifying Patrolling of Coastal Areas
  • Acquisitions of Submarines by Indian Navy
  • Quality of Products and Research made by DRDO
  • Appointment of Agents in Defence Deals
  • Participation of Finmeccanica in Defence Expo
  • Procurement of Stealth Fighter Aircraft
  • Restructure of BRO
  • Recruitment of Women in Armed Forces
  • Rehabilitation of Ex-Servicemen
  • Induction of LCA Tejas
  • Collision of Merchant Vessel with INS Cora
  • Stress on Investment Route in Defence Cooperation Agreements
  • Condition of Border Roads at Indo-China Border
  • Poor Conditions of Border Roads in Himachal Pradesh
  • Defence Procurement Deals Under Investigation
  • Defence Organisation Under the Purview of RTI
  • Min of Health and Family Welfare
  • Health Secretary Holds Review Meeting on H1N1
  • Recruitment Rules of Unani and Ayurvedic Pharmacists in CGHS Dispensaries
  • Registration of Slaughter Houses with FSSAI
  • Revision of National Health Policy
  • Side-Effects of Harmful Radiation from Mobile Phones and Towers
  • Effective Implementation of PNDT Act
  • Improvement of Service Conditions of Nurses
  • Compensation to Clinical Trial Volunteers
  • Formulary of Ayurvedic Medicines of CGHS
  • Diagnosing TB Under RNTCP
  • Strategy for Handling Genetically Transmitted Cancer Disease
  • Disposal and Recycling of Medical Wastes
  • Surrogacy Centres in the Country
  • Affordable Geriatric Healthcare
  • Avability of Oseltamivir to Treat Influenza a N1H1
  • Min of Home Affairs
  • False Cases
  • Crime Against People from North-East
  • Security of People from NER
  • Terror Camps in Bangladesh
  • Forensic Labs
  • Smuggling of Animals
  • Women Police Stations
  • Min of Law & Justice
  • Transfer of Shri Justice Raghvendra Singh Chauhan , Judge of Rajasthan High Court as Judge of Karnataka High Court
  • Appointment of Shri Justice Pradip Kumar Mohanty, Senior-Most Judge of Orissa High Court to Perform the Duties of the office of the Chief Justice of Orissa High Court
  • Min of Minority Affairs
  • Assistance to Women and Students of Minority Communities
  • Action Taken on The Report of Amitabh Kundu Committee
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 59.95 per bbl on 02.03.2015
  • Min of Shipping
  • Agreement Signed for Export of Automobile Units through Kamarajar Port
  • Nitin Gadkari Launches ‘Shipping Samvad’
  • Min of Social Justice & Empowerment
  • Meeting of the Working Group on the Asian and Pacific Decade of Persons with Disabilities concludes toda
  • Training to Professionals for Care of Older Persons
  • Fund Allocation for OBCs
  • Improving the Condition of Older/Aged Persons
  • Pradhan Mantri Adarsh Gram Yojana
  • Financial Assistance for Scheduled Castes
  • 2.68 Crore Persons with Disabilities as per Census 2011
  • Institution for Deaf Students
  • Min of Urban Development
  • Two engineers of CPWD dismissed from service for corruption
  • Min of Youth Affairs and Sports
  • Sports Coaching Institutes in Rural Area
  • Youth Exchange Programme
  • Programmes through Nehru Yuva Kendras
  • Special Awards to Medal Winner in Sports Events
  • Funds for Development of Youth
  • National Service Scheme
  • Irregularities in Sports Bodies
  • Functioning of RGNIYD

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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