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Govt next mega mission: 1 billion UIDs, 1 billion accounts, 1 billion mobiles?

NEW DELHI: Seeing the Moody's upgrade, preceded by a 30-spot jump in 'ease of business' rankings, as an endorsement of major initiatives like  demonetization, GST and Aadhaar +  , the government is set to pursue an unique and ambitious " 1 billion-1 billion-1 billion " connectivity vision. This means one billion unique Aadhaar numbers, linked to one billion bank accounts and  one billion mobiles +  . The target follows the success of demonetization in bringing about a substantial Rs 6 lakh crore reduction in value of high value notes that would have been in circulation and a rising trend of  bank accounts and digital payments +  , said official sources. There is confidence in government circles that the "1 plus 1 plus 1" figure will happen soon - though no target dates are spelt out - and this will mark a big step towards expanding the financial and digital mainstream. According to official statistics, estimated high value notes at the end of Septembe...