New Delhi: Prime Minister Narendra Modi while delivering a speech at the inauguration of 3-day Global Entrepreneurship Summit (GES) in Hyderabad on Tuesday said that his government created Aadhaar- the world’s largest biometric based digital database.
He further said, “The world’s largest biometric based digital database currently covers over 1.15 billion people and digitally authenticates over 40 million transactions daily. We now digitally provide monetary benefits of various government schemes to the beneficiaries through Direct Benefit Transfer using Aadhaar.”
PM Modi added that the government is steadily working towards a less cash economy and has launched a Unified Payment Interface App called BHIM. In less than a year, this platform is facilitating almost 280 thousand transactions daily.
“To my entrepreneur friends across the world, I would like to say come make in India, invest in India, for India and for the world,” Modi said.