wordpress blog stats
Connect with us

Hi, what are you looking for?

IMF stresses privacy for Aadhaar, cautious about claims of savings

Chapter 2 of IMF's Fiscal monitor for April 2018 is about Digital Government. The document describes various efforts at digital governance across the world and makes observations about the opportunities and risks presented by them and discusses "how digitalization can change the way governments design and implement current policies, including by improving tax policy and administration, increasing spending efficiency and enhancing fiscal management". About Aadhaar, the IMF recognizes that it is the biggest implementation of biometrics in the world. "Biometric technology to identify and authenticate individuals can help reduce leakages and improve coverage of social programs. With more than 1.2 billion registered citizens in India’s biometric identification system, Aadhaar, the country stands out as a leader in this area." the report says. It makes note of the process of digitalization undertaken by India "Digitalization helped reduce leakages in two ways. First, starting in 2013, beneficiaries’ Aadhaar numbers were linked to the LPG program to prevent claims of benefits for ghost beneficiaries or multiple claims of the same benefit. Second, the government eliminated the dual pricing system and made electronic transfers of the subsidy directly to the Aadhaar-linked bank account of beneficiaries, bypassing dealers. By improving identification and verification, these reforms have reduced leakages substantially, but estimates vary. Depending on assumptions and how the reduction in leakage is expressed—that is, the reduction in total transfers or wrongful payments— estimated savings from digitalization range between 0.2 and 21 percent of cash transfers and 11 to 24 percent of wrongful payments." The report also avoids a common pitfall in attributing all the LPG savings to Aadhaar in the section "Lessons from Country experience". "It is…

Please subscribe/login to read the full story.
Written By

Vidyut is a commentator on socio-political issues with a keen interest in behavioral sciences, digital rights and security and manages to engage her various proficiencies to bring an unusual perspective to issues related with the intersection of tech and people.

Free Reads

News

Third-party cookies are small pieces of data that are collected by websites to track user activity. These are particularly lucrative to websites, as this...

Kotak Mahindra Bank Kotak Mahindra Bank

News

RBI noted that without a robust IT infrastructure and IT risk management framework, the bank’s Core Banking System (CBS) and its online and digital...

News

As opposed to Large Language Models, Small Language Models are best suited to perform simple tasks and can also be easily fine-tuned to meet...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ