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Aadhaar not mandatory for DBT scheme, clarifies RBI
PrintThe Reserve Bank (RBI) has clarified that use of Aadhaar cards is not mandatory for Direct Benefit Transfer (DBT) Scheme. In a communication to banks, RBI said in view of the Supreme Court's interim orders on 11th August and 15th October last year on usage of Aadhaar, it is clarified that use of Aadhaar card and seeding of bank accounts with Aadhaar numbers is purely voluntary and not mandatory. Under the DBT scheme, the beneficiaries of government schemes get the amount directly in their bank accounts. The benefits include subsidies and scholarships.
Category : RBI | Comments : 0 | Hits : 369
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