Why is Aadhaar linkage important? | elets Tv

Why is Aadhaar linkage important?

Sumnesh Joshi, Additional Director General, UIDAI, Government of India at 1st NBFC100 Tech Summit 2017

Everyone is aware that the Central Government in association with the State Governments is taking several measures to ensure digitisation across the country. Moving a step the Centre rolled out the demonetisation drive and post that the target is to transform India into a cashless society. The financial sector, in particular, has a very important role to play in this regard.Jan Dhan, Aadhar, Mobile (JAM) is acting as a major tool in securing this digital implementation.
NBFCs too specifically have a significant role in incorporating the digitisation of financial services and several new players like payments banks, small finance banks etc are ensuring the same. But there is still a long way to go as far as complete digitisation is concerned. There is a need to ensure the infrastructure in place and design the applications to promote all digital payments.
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