Novak Djokovic kicked off his 2026 Australian Open campaign in style, securing a convincing straight-sets win over Spain's Pedro Martinez in the first round at Rod Laver Arena. The 38-year-old Serbian legend triumphed 6-3, 6-2, 6-2, marking his 100th career victory at Melbourne Park and
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Prague, Jan 19 (AP) A shooting at a town hall in northern Czech Republic on Monday left one dead and six others wounded, including three police officers, police said. Police said the suspect fatally shot himself and there was no further danger. The shooting took place at the Chribska town hall
The report from reinsurance company Swiss Re said the Indian insurance sector is entering a new era of robust mid-term growth, driven by strong macroeconomic fundamentals and rising consumer demand. New Delhi: The mid‑term annual premium growth in India is expected to touch 6
Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said, as the US President's presence looms large over the annual gathering of the global elite in Switzerland.Business leaders, including CEOs in financial services
Literature enthusiasts' love affair with book fairs is no secret. Be it libraries, exhibitions, or bookstores, books have been celebrated for centuries. Each year, book fairs and literary events are organised to exhibit hundreds of varieties of books and draw massive crowds of avid readers
Kolkata, Jan 19 (PTI) The Enforcement Directorate (ED) has issued summonses to at least seven people in connection with its probe into a coal smuggling case, a senior officer said on Monday. They have been summoned to understand the money trail and ascertain where the proceeds of coal smuggling
A beautifully carved wooden swing (jhula) from Gujarat and a Pashmina shawl in an ornate silver box were among the gifts Prime Minister Narendra Modi gave to UAE President Sheikh Mohamed bin Zayed Al Nahyan during his two-hour “working visit” to India
India’s Aadhaar-Linked Payments Cut Welfare Leakage By 12.7 pc: Report
India’s Aadhaar-Linked Payments Cut Welfare Leakage By 12.7 pc: Report
The report from Boston Consulting Group (BCG) said that governments worldwide distribute over USD 21 trillion in public payments to citizens annually, but USD 3 trillion is lost due to fraud, error, or inefficiency.
New Delhi: States that adopted Aadhaar‑linked digital payments and biometric authentication reduced welfare leakage by approximately 12.7 per cent, setting a benchmark globally in public welfare integrity, a report said on Monday.
The report from Boston Consulting Group (BCG) said that governments worldwide distribute over USD 21 trillion in public payments to citizens annually, but $3 trillion is lost due to fraud, error, or inefficiency.
In India, biometric authentication and direct digital transfers have strengthened last‑mile delivery of food rations, social pensions, LPG subsidies, fertiliser support and rural employment wages, reducing reliance on intermediaries and lowering administrative costs, the report said.
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World Bank estimates suggest India could save up to USD 10 billion annually by eliminating fraudulent claims, duplicate identities and intermediaries through Aadhaar‑enabled systems, it noted.
Aadhaar has lowered administrative costs and reduced leakages across some of the world's largest social subsidy programmes. Evidence from Andhra Pradesh, Jharkhand and Rajasthan showed improved delivery without excluding genuine beneficiaries, it said.
"India's rapid adoption of digital infrastructure, especially in public service delivery and payments, allows it to embed integrity by design. AI-enabled integrity solutions can significantly reduce leakage in welfare programs, strengthen trust in institutions, and ensure that public spending delivers maximum impact for citizens,” said Mario Gonsalves, India Leader, Public Sector Practice, BCG.
The Centre has disbursed more than Rs 3.7 lakh crore directly into the bank accounts of over 11 crore farmer families in the country under the PM Kisan Samman Nidhi (PM-KISAN) Yojana.
The integration of PFMS with the Digital Payments and Direct Benefit Transfer (DBT) has ensured that subsidies and welfare benefits reach directly to the population thereby minimising leakages and duplication.
These, combined with the digital tools for revenue generation such as e-invoicing, e-way bills and faceless assessments, have widened the tax base and reduced evasion. These measures combined have strengthened revenue flows and helped improve fiscal balance without increasing tax rates.
Source: ZeeNews
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