wordpress blog stats
Connect with us

Hi, what are you looking for?

Cabinet approves Aadhaar Amendment Bill, to be tabled in Budget Session

The Union Cabinet yesterday approved the Aadhaar and Other Laws (Amendment) Bill, 2019, and will now be introduced in the first session of Parliament, set to begin on June 17th, for ratification by the Lok Sabha. The proposed amendments are the same as those contained in the ordinance circulated by the President in March this year. According to an official release by the government, the new proposals “would allow the use of Aadhaar number for authentication on voluntary basis as acceptable KYC (Know Your Customer) document under the Telegraph Act, 1885 and the Prevention of Money Laundering Act, 2002”. Remember, that the Aadhaar and Other Laws (Amendment) Bill, 2018 was passed in the Lok Sabha in January this year. However, for it to become an Act, it needed further ratification in the Rajya Sabha - where it lapsed. Following that, the government issued an ordinance which contained the the same changes as proposed by the Aadhaar and Other Laws (Amendment Bill), 2018. The ordinance echoed the passing of Aadhaar as a money bill to bypass the Upper House of the Parliament. Main amendments from the Bill Here are some of the important proposed changes in the current amendment: Allows private bodies such as banks and telcos to use Aadhaar as one of the ‘know your customer’ (KYC) methods for authenticating users. Interchangeable use of authentication and verification: While the original Aadhaar Act uses the term verification only twice, the amendment bill uses the term 31 times. Under the amendments, an entity can carry out authentication, provided…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ