Spice Money issues 19 lakh PAN cards and 1.5 lakh Udyam Aadhaar cards across more than 2 lakh villages

A step towards bringing government services to the doorstep of rural India through more than 11 lakhs Spice Money’s Adhikari

Spice Money (a subsidiary of DigiSpice Technologies), India’s leading rural fintech that is revolutionizing the way Bharat banks, has issued 19 lakh PAN cards and over 1.5 lakh Udyam Aadhaar cards to date through its Adhikari network spanning more than 2 lakh villages continuing its effort to provide a host of government services at the doorsteps of Bharat.

Udyam has been one of the most crucial initiatives by the government to boost upcoming small and medium enterprises(MSME). According to the latest data published by the government, the Udyam platform has 1 crore MSMEs registered and they employ 7.6 crore people, of which 1.7 crore are women. Spice Money has helped in the initiative by issuing over 1.5 lakh Udyam Aadhaar from August 2022 to December 2022.

India is home to over 139 crore people, out of which only 43.34 crore Permanent Account Numbers (PANs) have been linked with Aadhaar as per data released by the Ministry of Finance. Spice Money through its over 11 lakh Adhikaris network enables the rural population to apply for a PAN card at any of the local smart banking points and has issued over 19 lakh PAN cards from January 2021 to December 2022.

The trust built by Spice Money’s Adhikari network and their assistance has helped to provide these government services to rural citizens. This has created a hassle-free environment, encouraging more people to avail of these critical services. 

Sanjeev Kumar, Co-founder & CEO, Spice Money, said, ”At Spice Money, we have always strived to empower Bharat and provide essential financial and digital services in the hinterlands of the country. PAN and Udyam Aadhaar cards are the most crucial initiatives by the government towards benefiting small and medium enterprises(MSME). We are delighted to assist in providing these critical services and solving the lack of access in rural India through our Adhikari network. We will continue helping the people of Bharat by providing an array of services at their doorstep”.

With the commitment to cater to the underserved rural population, the company will continue to build a variety of products to serve the essential banking and financial needs of rural citizens.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

India’s Bold Vision: 5,000 Unicorns in the Future – Piyush Goyal

India’s Bold Vision: 5,000 Unicorns in the Future –...

India has emerged as a global powerhouse for startups, with a thriving ecosystem that fosters innovation, entrepreneurship,...
ICC ODI World Cup: Top 5 Highest Score in World Cup history - all the details you need to know about!

ICC ODI World Cup: Top 5 Highest Score in...

The ICC Men's Cricket World Cup has been a stage for cricketing excellence ever since it...
Brazil Legends Edge India All-Stars 2-1 in a Night of Football Nostalgia

Brazil Legends Edge India All-Stars 2-1 in a Night...

Football fans in Chennai were treated to an electrifying evening as the Brazil Legends secured a narrow...

LATEST: How to avail Nvidia GeForce Now in India...

Many of us don't have high-end gaming computers but want to play some graphic-intensive games. Nvidia launched...
India Plans Historic Tariffs Cut on US Imports Worth $23 Billion

India Plans Historic Tariffs Cut on US Imports Worth...

In what could mark a turning point in economic relations between the world’s largest and fifth-largest economies,...

LATEST NEWS

Assassin’s Creed Shadows: Mastering the Darkness Falls Main Quest

The Darkness Falls main quest represents a critical turning point in Assassin’s Creed Shadows, offering players a complex narrative that demands strategic decision-making and...

Celebrity MasterChef: The Ultimate Culinary Battle Reaches Its Climax

Reality television has found its most delectable arena in Celebrity MasterChef, where stars transform from performers to culinary artists. The show has been a...

Sonal Chauhan Fashion Moment: When Pink Meets Power Dressing

Fashion is more than just clothing - it’s a narrative of personal transformation, and no one embodies this philosophy more eloquently than Sonal Chauhan....

Kylian Mbappe’s Record-Breaking Start at Real Madrid: Can He Eclipse Cristiano Ronaldo’s Legacy?

Kylian Mbappé has equaled Cristiano Ronaldo’s goal tally in his debut season at Real Madrid, setting the stage for a potentially historic 2024-25 campaign. Since...

Featured