New Delhi, Dec. 22 -- India's adoption of Aadhaar-linked digital payment systems has led to a significant reduction in welfare leakage, with losses in public benefit delivery estimated to have fallen by nearly 13 per cent, marking a major step forward in improving governance, transparency and financial inclusion.
The Boston Consulting Group (BCG) report findings highlight the growing impact of digital identity and payment infrastructure in ensuring that government subsidies and welfare benefits reach their intended beneficiaries more efficiently.
By linking welfare payouts directly to verified identities and bank accounts, the system has sharply reduced duplication, fraud and diversion of funds that traditionally plagued large-scale socia...