Constitution Bench of SC to take up all Aadhaar-related pleas in the last week of November
With every passing day, Aadhaar is acquiring a monstrosity of its own in the public mind space
Asset management companies (AMCs) are feeling the burden of the Association of Mutual Funds in India's (Amfi's) decision to make the Aadhaar citizen identification mandatory for investment. From January 1, Aadhaar details of customers, including existing ones, are to be mandatory for investment in MFs. Insiders told Business Standard this was an order to Amfi from the Union ministry of finance. "We just passed this on as an official communication to members," said an Amfi board member. He added no AMC was in favour, as this puts the onus on them to link Aadhaar. Most top officials preferred anonymity, as they did not want to be quoted against the new rules of the game.Swarup Mohanty, chief executive officer (CEO) of Mirae Asset, says, "The task of getting all investors to list their Aadhaar number with us is big. Failing which, the folios would enter into a freeze zone and no transactions would be allowed. We have started the process from this month and are already seeing a fair ...
It also asked West Bengal Chief Minister Mamata Banerjee to file the plea as an individual
Several petitions, challenging the Centre's move to make Aadhaar mandatory for welfare schemes and notifications to link it with mobile numbers and bank accounts, are pending in the apex court
As it looks to simplify the process of re-verification of existing mobile customers, the government will soon put in place a mechanism for authentication for those people, who don't have Aadhaar number and may also look at exploring an alternate method if some person is not willing to share his unique number with the mobile operators.According to sources, people who don't have Aadhaar number may be given an option to give their passport, driving licence or rashan card as the proof for authentication for address and identity. However, in case of a person, who has Aadhaar number but he is not willing to share it with telcos, the government may look at alternate ways for authentication but the method should be in conformity with the mandate of Supreme Court. The government will soon announce methods of authentication for people who don't have Aadhaar but it has not set a timeframe for devising the alternate mechanism for those who don't want to share their Aadhaar number.The Department ..
Any card, including a driver's license and voter ID card or any specified card, is permissible for procuring food grains, he said
While Punjab National Bank has to open enrolment centres in 1,132 branches, it has not yet started any
Around half a billion people have linked their Aadhaar ID to a bank account, claims UIDAI's ex-chairman
The extension is, however, only for those who are yet to apply for Aadhaar,
Aadhaar now has scaled to over one billion people, rivaling the growth of other platform innovations
UIDAI has directed them to open these Bank Aadhaar Kendras by September 30, 2017 for the convenience of the people
His comments come in the backdrop of the Supreme Court examining legal challenges
UPA government that pushed Aadhaar failed to put the robust systems into place
Over a billion Indians have already registered for Aadhaar cards
Does the govt demand for Aadhaar to be linked to all financial transactions amounts to infringement of privacy?
Accounting errors, vagaries of statistics are subverting the country's move
Farmers paying dues promptly will be given an additional interest subvention of 3% per annum
Government should not take Nandan Nilekani's warning lightly
When machines don't recognise their thumb prints, Aadhaar turns into a device of exclusion