9 May





Now if AEPS fails 40% of the time, what is the corruption and leakage? This is world beating technology? https://twitter.com/andymukherjee70/status/1259112998137851904 If 100 rupees of grain is sent via the PDS distribution channel and only 60 rupees goes to the beneficiary, economists talk about 40% leakage and corruption.Now if AEPS fails 40% of the time, what is the corruption and leakage? This is world beating technology?

For all practical purposes, transfer costs of moving money from one bank account to another is Zero. NEFT and RTGS are dated systems, but they work reliably.



But AEPS is not NEFT, RTGS. It adds 3 more layers.

The Aadhaar Mapper and 2 Seeding Layers.

Seeding Layer 1 is adding your UID to the benefit scheme.

Seeding Layer 2 is adding your UID to your bank account.



And then Transfer is not to the destination bank account directly but by an intermediate switch called the Aadhaar Mapper.



We have not yet come to distribution.