Aadhaar Ideas and Lessons from India

Source: MSC

Source: MSC

Aadhaar is a unique digital identity issued by the Unique Identification Authority of India (UIDAI). It is a database with no duplicates which serves as an identity and address proof. More than 1.25 billion residents have enrolled themselves in it. It has been a game-changer in streamlining digital payments in India, including G2P payments. In the midst of the COVID 19 crisis, the Indian government has been able to support the vulnerable sections of society via cash transfer support. The government transferred USD 7 billion benefiting more than 200 million households in the country.

Themes: Beneficiary Identification, Targeting, Onboarding, Digital Payment Ecosystems, Financial Inclusion