Govt saved Rs 56,000 crore through Aadhaar-enabled DBT, says PM Modi in Dubai | india-news | Hindustan Times
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Govt saved Rs 56,000 crore through Aadhaar-enabled DBT, says PM Modi in Dubai

In his keynote address at the World Government Summit in Dubai, Prime Minister Modi said the government’s e-market programme has witnessed transactions worth Rs 4,500 crore in a very short time.

india Updated: Feb 11, 2018 20:23 IST
Prime Minister Narendra Modi speaks during the World Government Summit in Dubai on Sunday.
Prime Minister Narendra Modi speaks during the World Government Summit in Dubai on Sunday.(Reuters Photo)

Prime Minister Narendra Modi said on Sunday the Centre has saved Rs 56,000 crore through Aadhaar-enabled direct benefit transfer (DBT) of about 400 government schemes.

Stating that technology plays a pivotal role in the growth of an economy, Modi said one tax structure or GST has been made possible in India only because of it.

In his keynote address at the World Government Summit in Dubai, the Prime Minister said the government’s e-market programme of GEM has witnessed transactions worth Rs 4,500 crore in a very short span of time.

Government e-Marketplace is meant for online purchase of commonly used goods and services by various central government ministries and departments.

Modi said due to technology-enabled GEM, even smallest of traders can sell their goods using this platform.

He further said India is going through a revolution in digital payment space and fast moving towards a less cash economy.

Talking about Startup India mission, he said India is creating an ecosystem for innovation through this programme and the country has become a major startup nation in the last two years.

Stating that over 65% of India’s population is below 35 years of age, Modi stressed the need to encourage the youth in the field of innovation while seeking international cooperation to realise the dream to create a “New India.”

Modi said technology, which is changing at a speed of thought, has given a boost to his idea of ‘minimum government and maximum governance’ which today has changed the common man’s life.

With regard to the role of technology in the government’s aim to double farmers’ income by 2022, he citied two examples.

First, the soil health card scheme, under which farmers get to know about the health of soil and second is the Krishi Mandi or e-NAM portal, a single window information services for farmers, which has seen transactions worth Rs 36,000 crore.