Cabinet clears Ordinance on Aadhaar's use as Identity Proof
By MYBRANDBOOK
The Cabinet cleared an Ordinance that allowed the voluntary use of Aadhaar as as identity proof for opening bank account and getting mobile phone connection.
“Aadhaar can be used as KYC on a voluntary basis under the Telegraph Act and PMLA rules,” said Law and IT Minister Ravi Shankar Prasad. On January 4, the Ordinance necessitated as a bill and cleared by the Lok Sabha but pending in the Rajya Sabha. It would have lapsed without the approval with the dissolution of the current Lok Sabha.
It will now bring changes in the Adahaar Act and will offer a child an option to exit from the biometric ID programme at the completion of 18 years of age. The Cabinet meeting was chaired by Prime Minister Narendra Modi. At the completion of the meet, Prasad said that the Cabinet has approved the promulgation of an Ordinance to give effect to the Aadhaar and Other Laws (Amendment) Bill.
The amendment ensures strict penalties for violation of rules set for the use of Aadhaar and violation of privacy and It prohibits the storage of core biometric information as well as Aadhaar number by service providers of individuals who agreed to voluntarily offer the ID as a means of authentication.
“Aadhaar can be used as KYC on a voluntary basis under the Telegraph Act and PMLA rules. Any entity using Aadhaar will have to adhere to privacy guidelines,” Prasad said.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
GLOBUS INFOCOM LTD.
BHARAT ELECTRONICS LTD.
IBALL WORLDWIDE PVT. LTD.
FRESHWORKS TECHNOLOGIES PVT. LTD.
Technology Icons Of India 2023: Madhabi Puri Buch
Madhabi Puri Buch is the chairperson of the securities regulatory body...
Technology Icons Of India 2023: Sunil Vachani
Sunil Vachani is the founder and chairman of India-listed Dixon Techno...
Technology Icons Of India 2023: Shailender Kumar
Shailender Kumar is senior vice president and regional managing direct...
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
Leading company into fertilizers in the country
NFL is a dynamic organization committed to serve the farming community...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
B D SOFTWARE
BD Software is the distributor of IT security solutions in India. The ...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
TEXONIC INSTRUMENTS
Texonic has carved a niche for itself in the Technology Distribution i...