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COAI to examine implications of SC verdict on Aadhaar linkage with mobile connections

Press Trust of India  |  New Delhi 

Cellular Operators' Association of (COAI) Wednesday said it will examine and assess implications of the judgement, which states that it will not be mandatory for customers to link for mobile connections and

The apex court Wednesday struck down the Section 57 of the (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 that permitted private entities like telecom companies or other corporates to avail of the biometric data.

"We respect the Aadhaar verdict of the Hon'ble Supreme Court, the apex court of We are going to review the judgement and its implications. We shall await further orders and instructions from Department of Telecom," said in a statement.

member operators as always will definitely comply with the law, he added.

said these strike downs "correct the grave asymmetry" that existed in the Act vis a vis the rights of citizens and accountability and powers of UIDAI.

"This judgement should reassure all citizens that Aadhaar has been put into place by this to ensure that curse of corruption and leakages in use of public money is once in for all removed from our system," he added.

Finzy founder and said the decision would also impact many fin-tech companies (including peer-to-peer lending platforms), digital banks and companies that rely "heavily" on Aadhaar-based eKYC verification.

Pointing out that Aadhaar Virtual ID and UID token were introduced earlier this year keeping in mind the privacy concerns, More said one would need to see the impact of the SC verdict on these additional security layers.

also said clarifications are needed to figure out the exact impact of the judgement on the existing eKYC processes for opening a

"OTP-based eKYC had helped an increasing number of over their mobile phones, increasing the penetration and reach of such products and raising levels of financial inclusion," he noted.

C V Madhukar of added that private sector business models will now need to evolve in order to provide greater privacy protection to individuals, while also ensuring inclusive innovation.

Gopal Bohra, at said the apex court has applied a balanced approach - making mandatory use of Aadhaar at certain places such as filing of income tax return and also restricting the data sharing with private parties.

"This ruling making mandatory linking of Aadhaar with PAN will help in curbing tax evasion," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 26 2018. 21:10 IST