Shaktikanta Das, Governor of Reserve Bank of India (RBI) noted in a speech that, India has carefully crafted its Digital Public Infrastructure or DPI strategy by focusing on three critical dimensions – digital identity, bank accounts and processing infrastructure. Aadhar, India’s biometric identity system provides a single and portable proof of identity. Around 1.4 billion Aadhaar numbers have been generated for the residents of India which is near universal for the Indian population. Similarly, access to banking system for the unbanked segments have been enabled through Jan Dhan accounts i.e. Basic Savings Bank Deposit (BSBD) Accounts. Under the Jan Dhan scheme, more than half a billion bank accounts have been opened for the beneficiaries.
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