International financial institution, The World Bank recently had a lot of positive to say about Aadhar System and was of the opinion that even other countries can adopt that in some way. Here’s the complete story.
World Bank says Aadhar System is effective, recommends Adoption by all nations:
World Bank noted praising the Aadhar Card System of India. The Chief Economist of the World Bank, Paul Romer, thinks that the Aadhar Card system of India is a model that has proved to be effective, helpful and fruitful.
Paul Romer has also strongly recommended that all nations should come on board and adopt a system similar to that of the Aadhar.
He was also noted praising the sophistication of the Aadhar System and also went on to say that it is the basis of all connections for things like financial transactions.
According to the World Development Report 2016 of the World Bank
“A digital identification system such as India’s Aadhaar, by overcoming complex information problems, helps willing governments promote the inclusion of disadvantaged groups.”
What Nandan Nilekani had to say?
According to Bloomberg, Nilekani said
“They’re all keen to see how they can replicate this in their countries. This is a great example of how governments can build the most modern digital public infrastructure, and make it available as a public good to everybody.”
Nandan Nilekani, was the former Chairman of the UIDAI, had headed the authority at a potently crucial and initial time during the establishment of the system of Aadhar in India.
He played a key role in the formulating and shaping of the Aadhar system in India believed that this development was due… and informed that many other countries of the world have shown a keen interest in the Aadhar system adopted by India some of them are Afghanistan, Russia, Tanzania, Bangladesh, Tunisia, Algeria, Morroco.
Today, the Aadhar System in India has covered over 1.1 billion citizens of India with the number of registrations slowly going up every day, Aadhar system in India today is the largest centralized database of people’s information and is used for availing the benefits of various schemes of Direct Benefit Transfer of LPG subsidy and other Subsidies, e-KYC is also done with the help of Aadhar. It is only a matter of time when we get to see the Aadhar System of India get innovatively replicated by other nations of the world
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