MindTree keen on UIDAI project
MindTree, Bangalore based mid-sized IT company after beating off competition from international IT giants IBM and Accenture, to partner the Unique Identification Authority of India’s (UIDAI) ambitious Aadhar project, is excited about the possibilities and the magnitude of the whole thing.business Updated: Aug 06, 2011 00:04 IST
MindTree, Bangalore based mid-sized IT company after beating off competition from international IT giants IBM and Accenture, to partner the Unique Identification Authority of India’s (UIDAI) ambitious Aadhar project, is excited about the possibilities and the magnitude of the whole thing.
The company established by a group of ex-Wipro employees in 1981 has developed the application that will allow the government agencies to issue and authenticate 1.2 billion Indians who will be issued the unique identity numbers (UID).
“We started working since May last year and since then there has been 30 hours of work each day for the entire team. Two weeks back the system processed half a million UID in a single day,” said Krishnakumar Natarajan, managing director and CEO, MindTree.
In the next few weeks MindTree team will start work on identifying which applications can be linked with the UID. Maharashtra has chosen us as their partner to help them identify what applications can be linked to the UID, Natarajan said.
“We are working on a proof of concept to the oil marketing companies for gas issue. A lot of money gets lost because gas meant for domestic use is diverted to commercial establishments. The government loses R16,000 crore on this. We are building an application to stop that leakage. A full-scale study will start on what all can be attached to UID in the next few weeks,” Natarajan said.
“A lot of banks are interested in linking UID to the bank accounts. The banks become the registrar for the UID and using the same information create a UID-linked bank account. The money transfer becomes automated and eliminates the middlemen so more of the money goes to the intended recipient,” said Rostaw Ravanan, chief financial officer, MindTree.
First Published: Aug 06, 2011 00:02 IST