As many as 14 banks have already come on board for Aadhaar Pay, which will enable people to make and receive payments using their Aadhaar number and biometrics.
Besides, Digidhan Abhiyaan and two lakh Common Service Centres are providing employment to over five lakh youth, and spreading digital literacy.
To take banking system to the doorstep of the poor, and the unbanked, Indian Postal Payment Bank has been started, he pointed out.
“The postal network with wider reach and deep penetration of over 1.5 lakh post offices will also function as postal banks. Besides, the over 1 lakh bank-mitras appointed by banks, over 2.5 lakh Gram-Dak Sewaks will also function as banking correspondents,” he said.
