Saturday, November 22, 2014

6045 - Will 'Jeevan Praman' really help ease life for pensioners? - Money Life

MONEYLIFE DIGITAL TEAM | 19/11/2014 05:34 PM |  

Moneylife » Personal Finance » Retirement » Will 'Jeevan Praman' really help ease life for pensioners?
Will 'Jeevan Praman' really help ease life for pensioners?

MONEYLIFE DIGITAL TEAM | 19/11/2014 05:34 PM |  


The Modi government launched Jeevan Praman, an Aadhaar-based digital life certificate for pensioners. But who will bear the cost of biometric reading device required to submit pensioner’s data?

Last week, Indian Prime Minister Narendra Modi launched Jeevan Praman, a digital life certificate for pensioners, which could eventually benefit over a crore pensioners in the country. However, since this is based on Aadhaar number, several senior citizens may not find it useful because of issues related with registration of the unique identification number and their changing biometrics due to age. But more about it later.