{"id":39079,"date":"2018-12-18T18:08:19","date_gmt":"2018-12-18T12:38:19","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=39079"},"modified":"2018-12-18T18:08:19","modified_gmt":"2018-12-18T12:38:19","slug":"cabinet-nod-to-amendment-of-laws-for-aadhaar-seeding-with-mobile-numbers-bank-accounts","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-nod-to-amendment-of-laws-for-aadhaar-seeding-with-mobile-numbers-bank-accounts\/","title":{"rendered":"Cabinet nod to amendment of laws for Aadhaar seeding with mobile numbers, bank accounts"},"content":{"rendered":"<p><a href=\"https:\/\/timesofindia.indiatimes.com\/india\/cabinet-nod-to-amendment-of-law-for-aadhaar-seeding-with-mobile-numbers-bank-accounts\/articleshow\/67132704.cms\">Cabinet nod to amendment of laws for Aadhaar seeding with mobile numbers, bank accounts<\/a><\/p>\n<p><strong>News:<\/strong><\/p>\n<p>Aadhaar to be voluntary for mobiles, bank accounts.<\/p>\n<p><strong>Facts<\/strong>:<\/p>\n<p><strong>Proposed Amendments:<\/strong><\/p>\n<ul>\n<li>The Union cabinet has proposed amendments to The <strong>Telegraph Act, Prevention of Money Laundering Act (PMLA) and the Aadhaar Act<\/strong> as a move to provide convenience to individuals who were willing to share their details.<\/li>\n<li><strong>The Telegraph Act is being amended to provide legal backing for the issuance of mobile SIMs through Aadhaar.<\/strong><\/li>\n<li><strong>Similarly, the amendment to the PMLA will give individuals option to link their bank accounts to Aadhaar in the KYC option.<\/strong><\/li>\n<li>The Supreme Court had <strong>struck down Section 57 of the Aadhaar Act<\/strong> that had allowed sharing of data with private entities for verification, forcing the telecom and banking sectors to stop using the system that had speeded up the process to a few minutes<\/li>\n<li>Bill also provides for private entities using Aadhaar as a KYC document will have to <strong>ensure safety and privacy <\/strong>of the Aadhaar data<\/li>\n<li>Under the amendments, an Aadhaar holder <strong>can opt for offline verification through QR code<\/strong>.<\/li>\n<li>The cabinet also approved 10-year jail terms for those found guilty of data breach.<\/li>\n<li>Child who has been enrolled for Aadhaar through his\/her parents will have an option to opt out of Aadhaar database after attaining age of 18 years.<\/li>\n<li>SC in the past ruled that Aadhaar could not be mandatory for services other than direct benefit transfer, social welfare schemes or issuing of PAN by the I-T dept.<\/li>\n<li>The plan will help telecom companies, banks and financial technology firms, which were worried about massive paperwork after the recent Supreme Court order on Aadhaar.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cabinet nod to amendment of laws for Aadhaar seeding with mobile numbers, bank accounts News: Aadhaar to be voluntary for mobiles, bank accounts. Facts: Proposed Amendments: The Union cabinet has proposed amendments to The Telegraph Act, Prevention of Money Laundering Act (PMLA) and the Aadhaar Act as a move to provide convenience to individuals who&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-nod-to-amendment-of-laws-for-aadhaar-seeding-with-mobile-numbers-bank-accounts\/\">Continue reading <span class=\"screen-reader-text\">Cabinet nod to amendment of laws for Aadhaar seeding with mobile numbers, bank accounts<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-39079","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704761353},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/39079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=39079"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/39079\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=39079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=39079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=39079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}