If you thought getting an Aadhaar or / unique identification (UID) number is critical only for poor households that need central government sops, think again. Middle class as well as high - income Indians with salaried jobs as well as pensioners may need a UID number to tap their retirement savings from 2013.
In a directive issued on December 20, 2012 the labour ministry has said the Employees Provident Fund Organisation (EPFO) to embed the Aadhaar number in bank accounts of beneficiaries in about 45 districts by December 31, 2012.
There is an urgent need to seed (or embed) Aadhaar numbers in the (bank) accounts of beneficiaries who receive benefits under the various schemes of EPFO, says the communication from the union labour ministry.
The ministry had decided that seeding of Aadhaar numbers of beneficiaries be completed by December 31, 2012, for 43 districts, and for beneficiaries in other districts as early as possible, it added.
The schemes administered by EPFO include provident fund & pension. The directive has sent EPFO officials across the country into a tizzy as it already pays benefits directly into bank accounts of employees..!
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