Digital India: About 88 per cent wage payment under MNREGS done through ABPS in May

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The Union rural development ministry said that about 88 per cent of wage payments under the Mahatma Gandhi National Rural Employment Scheme (MGNREGS) was made through the Aadhaar Based Payment System (ABPS) in May...

Against these seeded Aadhaar, 12.17 crore have been authenticated and 77.81 per cent are now already eligible for ABPS, the ministry said in a statement...

The payment will land through ABPS only to the account associated with ABPS, which means that it is a safer and faster way of payment transfer, the ministry said.. National Payments Corporation of India data shows that there is a higher success percentage to the extent of 99.55 per cent or above where Aadhaar is enabled for Direct Benefit Transfer (DBT)...

Considering the benefits of ABPS for beneficiaries, this is the best system to be followed for the payment, it said.The aadhaar-based payment system is nothing but a route through which the payment is getting credited to the account of beneficiaries..

The ministry also said the step was taken after it was noted that in many cases due to frequent changes in bank account number by a beneficiary and new account number not being updated by the programme officer, several transactions of wage payment were rejected by the destination bank branch...

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