One nation, one card? Amit Shah pitches multi-purpose ID: All You Need To Know
Union Home Minister Amit Shah on Monday proposed the idea of a multipurpose identity card for citizens with all utilities like passport, Aadhaar, driving licence and bank accounts. Which card can serve the purpose? Voter cards have a 99.36 per cent penetration in India but only 897 million citizens were eligible to vote in General Election 2019. Indians have 574 million bank accounts, but it could include multiple accounts held by individuals. Aadhaar could be a natural choice for its reach and dynamism: 91 per cent of Indians (12.44 billion), out of total population of 13.69 billion (on Sep 23, 2019) now have an Aadhaar Card. It has already been used to authenticate almost 34 billion transactions.
Here are the key point you need to know about the ‘One Nation One Card’:
> The mobility card can be issued in the form of debit, credit or prepaid card of a partner bank.
> The card is similar to any RuPay debit/credit card, which will be available with more than 25 banks, including the State Bank of India (SBI).
> The card can be used for making payments across all segments including metro, bus, suburban railways, smart city and retail shopping.
> The card can also be used for paying at toll plazas and for parking.
> The card offers cashback on bill payments and more than thousand other offers.
> A cardholder can also avail 5 percent cash back at ATMs and 10 percent cash back at merchant outlets while travelling abroad.
> It is supported by indigenously developed Automatic Fare Collection Gate ‘Swagat’ and an Open Loop Automatic Fare Collection System ‘Sweekar’. Both ‘Swagat’ and ‘Sweekar’ were launched by PM Modi on March 4.
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