PM4K NEWS 29: BUSINESSES WILL GAIN FROM UNIQUE ID PROJECT

Continuing with the PM4K NEWS Series on the Unique ID Project here’s another update.

CHENNAI: Businesses will benefit from using the Unique Identification Number that the Unique Identification Authority of India (UIDAI) hopes to issue to all residents of India, the Chairman of the Authority, Mr Nandan Nilekani, said on Wednesday. For example, a telecom company could save costs of verification of the identity of each new mobile subscriber, Mr Nilekani said. Another example: the State governments typically spend between Rs 20 and Rs 50 to issue a ration card. They could use the UIN and save substantially.

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