‘Digital economy helped prevent delivery leakages’

The digital economic system in India is a software for digital and social inclusion of residents and has prevented leakages within the supply of presidency schemes, stated IT Minister Ashwini Vaishnaw.
At the G20 Digital Ministers assembly hosted by Italy, Vaishnaw stated direct profit transfers haven’t solely empowered individuals but in addition led to financial savings of over $24 billion within the final seven years.
“Providing digital identity Aadhaar to 1.29 billion users, opening bank accounts of 430 million poor people and linking both these to send the financial entitlements directly into bank accounts has eliminated leakages from delivery system,” Vaishnaw stated.