Wednesday, January 2, 2013

Direct cash transfer scheme fails to take off

.....Officials said that the glitch in linking bank accounts with the Aadhaar number is the failure to bring some key banks like Andhra Bank and the State Bank of Hyderabad under the Aadhar-based platform. Most beneficiaries have their accounts in these banks. They were brought under the Aadhaar platform only recently on the directions of the Finance Ministry and the RBI and necessary technical adjustments were being made.....

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