Jan Dhan accounts using Aadhaar face hiccups

Almost 40 per cent of people who have obtained Aadhaar numbers say that it has not helped them, with banking correspondents in rural areas reporting that accounts opened under the Pradhan Mantri Jan Dhan Yojana using Aadhaar face authentication issues, leading to failed transactions, according to a report. However, PMJDY accounts opened through e-KYC using Aadhaar number face frequent authentication issues during transactions. The government is keen to use Aadhaar as a means to better target its Direct Benefit Transfer scheme for subsidy payments and has used this argument to push it as a money bill in Parliament. However, the survey, conducted in December 2015, found that only 62 per cent of the respondents with Aadhaar numbers said it helped make financial transactions easier.