Linking bank accounts with Aadhar will help to catch money launderers and fake account holders, Law and IT Minister Ravi Shankar Prasad said today. "Why we are linking the bank account to the Aadhar. If you do money laundering, you can be caught. If you have fake bank accounts, you will be caught," Prasad said at cybersecurity conference organised by Observer Research Foundation. He said 60 lakh bank accounts have been linked to Aadhar.
The minister said that the government has saved Rs 58,000 crore under direct benefit transfer scheme, detected 3 crore million fake gas connections and close to 27 crore ration cards with help of Aadhar card. The minister said every day six crore authentications are done on the Aadhar platform. He said that digital governance is the form of governance. Prasad said that the government is bringing most of the service online from hospital to land records, crop rates etc. "Indians have got the biggest footprint on Facebook today. India is emerging as big market. We are adding 5-6 start-ups every day. I see a new surge of start-up movement in India," Prasad said.
The minister said that increase in adoption of technology has made cybersecurity vital for the country. "We have also set-up sectoral CERTs (computer emergency response team) in the field of banking, power, finance and we also encouraging cyber drills and auditors," Prasad said. The minister said that 0.06 percent of digital frauds have been unearthed which is a challenge for the country.
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