Latest news with #MinistryofElectronics&IT


India Gazette
2 days ago
- Business
- India Gazette
UIDAI records over 211 Cr Aadhaar authentication transactions in May
New Delhi [India], June 6 (ANI): Aadhaar number holders carried out over 211 crores authentication transactions, pushing the total number of such transactions since Aadhaar's inception to more than 15,223 crores (152.23 billion), according to a release by the Ministry of Electronics & IT. The ministry reported that the transaction in May 2025 saw more transactions, as compared to the same month last year, when 201.76 Cr such transactions were carried out. This growth in number is a reflection of how Aadhaar-based authentication has been playing a facilitating role in effective welfare delivery, and voluntarily availing various services offered by service providers. 'The growing authentication numbers highlight the extensive usage and utility of Aadhaar, and the growth of digital economy in the country,' the ministry said in a statement. A consistent growth was also witnessed by the UIDAI's AI/ML-based Aadhaar Face Authentication solutions. In May, over 15 crore face authentication transactions were done, which highlights the adoption of this authentication modality and how it is benefiting Aadhaar number holders. 'More than 100 entities, both in government ministries and departments, financial institutions, oil marketing companies, telecom service providers, among others, are using face authentication for smooth delivery of benefits and services,' they added. In May 2025, over 37 crore Aadhaar-based e-KYC transactions were conducted, underscoring the growing adoption of digital verification in sectors like banking and non-banking financial services, enhancing customer experience and facilitating ease of doing business. Last month, UIDAI began sharing non-personal, anonymised data from the Aadhaar Dashboard on the open government data platform, according to a statement from the Ministry of Electronics and IT. The move aims to further promote transparency, research, and data-driven policy making. (ANI)


Business Standard
16-05-2025
- Business
- Business Standard
Aadhaar authentication crosses 150 billion transactions mark
Ministry of Electronics & IT has stated that the total number of Aadhaar authentication transactions have crossed 150 billion or 15,011.82 Crore mark, making it a milestone moment in the journey of the Unique Identification Authority of India (UIDAI) and for the broader Aadhaar ecosystem. The landmark highlights the extensive usage and utility of Aadhaar, and the growth of digital economy in the country. The cumulative number was achieved by the end of April 2025, since inception. In April alone, almost 210 crore Aadhaar authentication transactions were carried out, nearly 8% more than the same month in 2024.
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Business Standard
26-04-2025
- Business
- Business Standard
Centre unveils guidelines for ₹22,919 cr electronics manufacturing scheme
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, released the guidelines and portal for the Electronics Component Manufacturing Scheme (ECMS) on Saturday (April 26). The scheme has a budget outlay of ₹22,919 crore and a run duration of six years (FY 2025-26 to FY 2031-32, including a gestation period of one year). It aims to promote domestic manufacturing, attract large-scale investments, and connect Indian firms with global value chains, according to a statement issued by the Ministry of Electronics & IT (MeitY). Addressing the launch ceremony, Vaishnaw outlined the government's step-by-step plan to develop the electronics industry. He explained that India initially focused on assembling finished products to gain scale and confidence. This was followed by progress in module manufacturing, component making, and now materials production. "Eighty to eighty-five per cent of the value chain is of finished goods," he said, highlighting the "phenomenal" scale India has already achieved. Highlighting the sector's tremendous growth, he noted that electronics production has multiplied fivefold, and exports have grown over sixfold in the last decade. The export CAGR has exceeded 20 per cent, while the production CAGR has been over 17 per cent. Vaishnaw added that major segments such as mobile phones, servers, laptops, and IT hardware have shown strong momentum, positioning India for even greater success. ECMS: A holistic push across industries Vaishnaw described ECMS as a horizontal scheme that will not only benefit the electronics industry but also support the industrial, power, and automotive sectors. He added that a full-fledged ecosystem for electronics manufacturing is now emerging across India. Stressing the need for innovation and quality, Vaishnaw urged companies to build their own design capabilities and aim for Six Sigma levels. Participants who fail to meet the quality standards, he said, would be "cut short," reinforcing the government's commitment to ensuring that Indian manufacturing competes globally in both volume and excellence. In addition to production, the minister highlighted India's growing leadership in data-driven technologies and artificial intelligence (AI). He mentioned that 350 datasets have already been hosted on AI Kosh, and four AI tools developed by IITs are to be launched soon. Furthermore, techno-legal frameworks are being created to accelerate the electronics ecosystem. The event also marked the announcement of Sarvam AI being selected to create India's first native AI foundational model — a historic milestone in the country's AI capabilities. Robust industry and government partnership The launch event witnessed participation from over 200 key stakeholders, including senior officials from the Government of India, state governments, embassy representatives, industry leaders, financial institutions, consulting firms, and media organisations. Their presence reflected the strong domestic and international interest in India's component manufacturing ambitions. A presentation at the event outlined the unique aspects of ECMS. For the first time, hybrid incentives will be offered, directly linked to employment generation and economic growth. The scheme goes beyond traditional support for components and subassemblies, also incentivising capital equipment and machinery that stimulate manufacturing, thereby strengthening the entire supply base. ECMS will operate on a "first-come, first-serve" basis to promote efficiency and timely action. The guidelines have been deliberately crafted to be simple, transparent, and business-friendly, ensuring easy compliance and fostering a competitive yet accessible environment. Industry leaders welcomed the efficient roll-out of earlier Production-Linked Incentive (PLI) schemes managed by the MeitY, citing the smooth and timely release of incentives as a key factor that has built industry confidence. At the start of the event, Vaishnaw and all other attendees observed a minute of silence to honour the victims of the recent terror attack in Pahalgam.