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Wednesday, January 15, 2014

Trident Group employees need Aadhaar Numbers to receive Salary, not Bank Account Numbers


            Do not worry, Salary will not be disbursed in Cash. Going ahead, Trident Group employees need not submit their Bank Account numbers to their Accounts/HR Department to receive their Salaries and other monetary benefits.

            Submission of Aadhaar numbers will be sufficient to receive the salaries.
            In a first of its kind, Trident Group is the first corporate in our country to adopt Aadhaar payment bridge (APB), for disbursement of salaries.

            The soft launch of the project of the project was done recently in New Delhi by Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, and Nandan Nilekani, Chairman, Unique Identification Authority of India (UIDAI). Rajinder Gupta, Chairman Trident Group was also present on the occasion

Trident Group is on the path of becoming one of the Largest Integrated Home Textile Manufacturing Facilities in the World.
The major benefits Trident Group foresee out of the Aadhaar numbers is in
·         saving verification cost
·         weed out fake data

APB facilitates seamless transfer of payments to Aadhaar Enabled Bank Account (AEBA). It is a payment gateway platform created by National Payments Corporation of India and is used by the government for direct transfer of certain government benefits.
Salary of employees of Trident Group has been transferred to their Aadhaar linked bank accounts leveraging Aadhaar Payment Bridge (APB).

Chairman Trident Group, Rajinder Gupta, informed that Trident has decided to link all their future recruitment with Aadhaar number for demographic verification.

Meanwhile Nandan Nilekani, chairman UIDAI welcoming Trident group in UIDAI ecosystem, congratulated the group for being the first corporate in the country to implement Aadhaar linked salary disbursal for its employees. This technology platform with advantage of de-duplication would be increasingly used by private sector and would create innovative applications for its use in more efficient manner.


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