As per data released by the Indian government, more than 99% Indians aged 18 and above now have Aadhaar cards. An increase in Aadhaar enrollments was witnessed after the government announced the demonetization of Rs 500 and Rs 1000 currency notes. The increase in Aadhaar enrollments will help the government in achieving its target of making India a less-cash society.
Already, the government is pushing the use of AadhaarPay, a merchant version of Aadhaar-enabled payment system (AEPS). “With demonetization and Digital India drive towards less-cash economy , Aadhaar is all set to become a game-changer with AadhaarPay where customers don’t need card, PIN, password or mobile as he/she can make transactions with thumb impression”, said IT minister Ravi Shankar Prasad.
Around 91.7% of the total population now has Aadhaar card, something that will help the government to utilize the unique identification number in its social welfare schemes for disbursing entitlements and subsidies. It will also help in eliminating duplication and pilferage.
Aadhaar enrollment was 3-4 lakh per day in March-May 2014, but post demonetization, it has increased to around 7-8 lakh per day. The number of update requests being received has also gone up significantly post demonetization.