It had also saved the country Rs 17,000 crore every year during this time, he added.
He stated that few years ago, 80 crore people in India, 60% of the population did not have a credible ID, but in the last 7 years over 1.2 billion people have been given the Aadhaar card, covering 99% adults.
Aadhaar linkage to all government-offered welfare schemes and benefits can save $11 billion every year through reduced leakage and efficient gains, estimates World Bank in its report on Digital Dividends-2016.
“Being a biometric-based digital ID, it cannot be stolen, lost, tampered or destroyed. Truly Aadhaar is one ID, which is like our soul, which is permanent and cannot be destroyed,” Pandey said.
According to government statistics, the number of people who used the Introducer system is 0.03% (a little over 2 lakhs). Consequently, the question is that can such small numbers justify such a vast an invasive system.
The World Bank claim footnoted a 2011 article which made no such claims. That article used the 11 billion figure to talk about transfers from five schemes, and talked only about the value of the transfers. Therefore, the World Bank claim stands discredited. The figure was the total disbursement. There was no mention of savings.