CM launches Aadhaar card that will double up as debit card
- LIVE: Yogendra Yadav, Prashant Bhushan expelled from AAP National Executive committee
- President Pranab Mukherjee goes to Vajpayee's home with Bharat Ratna
- Land bill will ‘break nation’s backbone’, Sonia tells Gadkari
- After 2010 scare, DGCA got cockpit policy to avert Germanwings-type incident
- Leave IITs alone, can’t talk to 36 applicants in a day and choose (directors): Kakodkar
Chief Minister Sheila Dikshit on Wednesday launched a new card for Aadhaar beneficiaries that will be linked to a bank account in the name of the cardholders to help them access social welfare benefits.
Dikshit said Aadhaar beneficiaries who buy the card, named Saral Money, will have a bank account opened in their name automatically, with the card doubling up as a debit card.
"The beneficiary can withdraw their money from any ATM, any Micro ATM using biometric authentication provided by Aadhaar, through a bank branch, or access their money through the Internet and mobile phones," she said.
The government plans to use these bank accounts of beneficiaries to deposit money under its food security programme that is to be launched this month.
Dikshit launched the card in the presence of Unique Identification Authority of India chairman Nandan Nilekani and representatives of five partner banks collaborating in the scheme.
Dikshit said the card would bring banking to people's doorstep.
She said: "It would also bring a positive change to the financial scenario in the country. All Aadhaar cardholders will get to purchase over the counter from kirana shops and bank branches."