Wednesday, May 2, 2012

Biometrics Help Increase Access to Banking Services & Reduce Fraud

Tiruvarur tops in biometric card distribution for pension disbursal (The Hindu)
It was a major scam unearthed by the Central Bureau of Investigation (CBI) in September 2010 in the disbursement of Old Age Pension (OAP) to senior citizens that prompted the authorities to explore alternative methods to ensure disbursement of several social security pension schemes.

Traditionally, pensions have been disbursed through the Postal Department.

After the change of guard in the State in May 2011, the new government promptly announced that pensions would be disbursed through banks, a position reiterated by Chief Minister Jayalalithaa even a few days ago...
Read on.

It looks like the UIDAI isn't the only Indian institution trying to get away from the postal service.


h/t @m2sys