Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<a href="http://www.businessinsider.in/DoYou-Need-Aadhaar-Card-Govt-Says-Yes-Supreme-Court-Says-No/articleshow/22981267.cms">Controversy</a> is still raging over the mandatory use of <keyword id="144117" type="ORGANIZATION" weightage="100" keywordseo="AADHAAR">Aadhaar</keyword>, but an expert <keyword id="2006823" type="UNKNOWN" weightage="100" keywordseo="Committee-on-financial-inclusion">committee on financial inclusion</keyword> has already recommended that the <keyword id="6354335" type="CITY" weightage="100" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword> should leverage the <keyword id="2006820" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-network">Aadhaar network</keyword> to ensure that every Indian has a <keyword id="2006817" type="UNKNOWN" weightage="100" keywordseo="Free-bank-account">free bank account</keyword> by January 2016. The recommendation has come from the Committee on Comprehensive <keyword id="2006821" type="UNKNOWN" weightage="100" keywordseo="Financial-Services-for-Small-Business">Financial Services for Small Business</keyword> and Low-Income Households, which is headed by <keyword id="311391" type="PERSON" weightage="100" keywordseo="Nachiket-Mor">Nachiket Mor</keyword>, an <keyword id="2006825" type="UNKNOWN" weightage="100" keywordseo="RBI-board-member">RBI board member</keyword> and former <keyword id="6653" type="CITY" weightage="100" keywordseo="ICICI-bank">ICICI Bank</keyword> executive. 
 <keyword id="30067" type="ORGANIZATION" weightage="100" keywordseo="RBI">RBI</keyword> set up the committee last September and it has now sought comments from the public on the <keyword id="1180163" type="UNKNOWN" weightage="100" keywordseo="draft-recommendations">draft recommendations</keyword> on or before January 24, 2014. Other key members of the panel include former <keyword id="44473" type="CITY" weightage="80" keywordseo="Citigroup">Citigroup</keyword> CEO <keyword id="25396" type="PERSON" weightage="100" keywordseo="Vikram-Pandit">Vikram Pandit</keyword> and <keyword id="2006826" type="UNKNOWN" weightage="100" keywordseo="Axis-Bank-CMD">Axis Bank CMD</keyword> <keyword id="6356453" type="PERSON" weightage="100" keywordseo="Shikha-Sharma">Shikha Sharma</keyword>. 
 According to the report, every Indian resident over 18 years of age should be automatically issued a “universal <keyword id="2006829" type="UNKNOWN" weightage="100" keywordseo="Electronic-bank-account">electronic bank account</keyword> at the time of receiving his/her <keyword id="485058" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-number">Aadhaar number</keyword>.” One can choose his/her <keyword id="2006832" type="COMPANY" weightage="100" keywordseo="Preferred-bank">preferred bank</keyword> from the empanelled ones and need not pay any fee for opening an account. However, the bank can levy <keyword id="162862" type="UNKNOWN" weightage="100" keywordseo="transaction-charges">transaction charges</keyword>, the committee says. It also recommends setting up of a ‘unified’ redressal agency under the <keyword id="47209" type="ORGANIZATION" weightage="100" keywordseo="Finance-Ministry">finance ministry</keyword> to deal with <keyword id="786199" type="UNKNOWN" weightage="100" keywordseo="customer-complaints">customer complaints</keyword>. 
 About 90% of small businesses have no links to a <keyword id="154831" type="ORGANIZATION" weightage="100" keywordseo="financial-institution">financial institution</keyword> and 60% of Indians do not have bank accounts, the report states. “Aadhaar is the key piece of infrastructure to enable a customer to be identified and authenticated so that repudiation and fraud risks are minimised and therefore, should become the universal basis for authentication,” it adds. 
 The panel has also suggested that a special type of <keyword id="6368751" type="PERSON" weightage="100" keywordseo="Banks">banks</keyword> should be introduced to provide payment services and deposit products to small businesses and low-income households. Such banks could be categorised as <keyword id="2006841" type="UNKNOWN" weightage="100" keywordseo="Payments-banks">payments banks</keyword> and “they will be restricted to holding a <keyword id="2006842" type="UNKNOWN" weightage="100" keywordseo="Maximum-balance">maximum balance</keyword> of Rs 50,000 per customer,” the report says. Even <keyword id="2006844" type="UNKNOWN" weightage="100" keywordseo="Existing-lenders">existing lenders</keyword> can set up these payments banks as <keyword id="4128451" type="UNKNOWN" weightage="100" keywordseo="subsidiaries">subsidiaries</keyword>. The report also recommends setting up another category of wholesale banks that will provide funds to other banks and financial institutions that directly lend to low-income households. 
 On the face of it, the recommendations to introduce a multi-layered <keyword id="6354778" type="ORGANIZATION" weightage="100" keywordseo="Banking">banking</keyword> system make sound sense as these ‘proposed’ entities will be serving the <keyword id="2006855" type="UNKNOWN" weightage="100" keywordseo="Financially-weak">financially weak</keyword> segment of the country and overall, the inclusion plan for 2013-2016 looks good. 
 
Except for the Aadhaar part. 
 But before we go ahead, let us have a look at Aadhaar and what all it offers. Launched by the <keyword id="86474" type="ORGANIZATION" weightage="100" keywordseo="Unique-Identification-Authority-of-India">Unique Identification Authority of India</keyword> (<keyword id="6355252" type="CITY" weightage="100" keywordseo="UIDAI">UIDAI</keyword>), the <keyword id="804646" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-scheme">Aadhaar scheme</keyword> was initially introduced to ‘promote inclusion and benefits of the <keyword id="1389586" type="UNKNOWN" weightage="100" keywordseo="marginalised-sections">marginalised sections</keyword> of the society that has no <keyword id="2006861" type="UNKNOWN" weightage="100" keywordseo="Formal-identity-proof">formal identity proof</keyword>.’ Even today, Aadhaar-enabled services are essentially linked to various <keyword id="580043" type="UNKNOWN" weightage="100" keywordseo="government-welfare-schemes">government welfare schemes</keyword> – so that its beneficiaries can access the same in a hassle-free manner. 
 However, the ‘<keyword id="2006816" type="UNKNOWN" weightage="100" keywordseo="Banking-for-all">banking for all</keyword>’ initiative in its ‘suggested’ format cannot be a marginalised movement, aimed to serve only the under-banked/unbanked regions or the weaker section or those below the <keyword id="141042" type="ORGANIZATION" weightage="100" keywordseo="poverty-line">poverty line</keyword>. It has to have a <keyword id="2006866" type="UNKNOWN" weightage="100" keywordseo="Unified-structure">unified structure</keyword> across the country – involving every Indian citizen. In other words, it will be much like the ‘<keyword id="49358" type="UNKNOWN" weightage="100" keywordseo="voter-card">voter card</keyword>’ mechanism we have in place right now. At the age of 18, an Indian is entitled to get a voter card irrespective of the <keyword id="2006868" type="UNKNOWN" weightage="100" keywordseo="Financial-divides">financial divides</keyword>. Going forward, if the central bank intends to follow the same principle and wants to bring the entire population of the country under its <keyword id="2006870" type="UNKNOWN" weightage="100" keywordseo="Inclusion-umbrella">inclusion umbrella</keyword> (after all, one cannot leave one section of the citizens out of a <keyword id="2006871" type="UNKNOWN" weightage="100" keywordseo="Mass-initiative">mass initiative</keyword> just because they are financially more stable), opening an account at the stipulated age should become mandatory and that means a mandatory <keyword id="1953676" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-validation">Aadhaar validation</keyword>. 
 And that brings us back to the basic question – what is the legal status of Aadhaar in India? Is it just a <keyword id="107911" type="ORGANIZATION" weightage="100" keywordseo="Financial-inclusion">financial inclusion</keyword> tool for the economically weak or do the government agencies intend to turn it into an ‘all-inclusive’ tool required for every social and <keyword id="672932" type="ORGANIZATION" weightage="100" keywordseo="economic-activity">economic activity</keyword> – right from <keyword id="427269" type="UNKNOWN" weightage="100" keywordseo="Marriage-registration">marriage registration</keyword> to <keyword id="854003" type="UNKNOWN" weightage="100" keywordseo="land-registration">land registration</keyword>, from banking to <keyword id="6368952" type="ORGANIZATION" weightage="100" keywordseo="shopping">shopping</keyword> and more? 
 The RBI has already asked banks to ensure <keyword id="1953683" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-authentication">Aadhaar authentication</keyword> for <a href="http://www.businessinsider.in/Now-RBI-Wants-Aadhaar-Validation-For-Card-based-Transactions/articleshow/26473660.cms">card transactions</a> at merchant locations. “All new card present infrastructure has to be enabled for both <keyword id="1953693" type="UNKNOWN" weightage="100" keywordseo="EMV-chip-and-PIN">EMV chip and PIN</keyword> and Aadhaar (<keyword id="1953679" type="UNKNOWN" weightage="100" keywordseo="Biometric-validation">biometric validation</keyword>) acceptance,” the central bank stated in a notification on November 26 last year. 
 Although the <keyword id="6354977" type="ORGANIZATION" weightage="80" keywordseo="Supreme-Court">Supreme Court</keyword> has ruled that the <keyword id="6356006" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-card">Aadhaar Card</keyword> is not mandatory to get <keyword id="1739662" type="UNKNOWN" weightage="100" keywordseo="government-benefits">government benefits</keyword> and services, and the <keyword id="1878758" type="UNKNOWN" weightage="100" keywordseo="National-Identity-Authority-of-India-Bill">National Identity Authority of India Bill</keyword> is yet to get Parliamentary nod, Aadhaar seems to be enjoying a more hallowed status and getting its teeth deep into every key financial transaction one can think of. That might not be quite desirable at this stage as divulging <keyword id="441301" type="UNKNOWN" weightage="100" keywordseo="biometric-data">biometric data</keyword> (required for Aadhaar Card) is still considered voluntary and <keyword id="2006881" type="UNKNOWN" weightage="100" keywordseo="Secure-storage">secure storage</keyword> of the same cannot be guaranteed even now. 
 The rest of the recommendations by the committee dwell on the structure and requirements of the <keyword id="2006882" type="UNKNOWN" weightage="100" keywordseo="Proposed-banks">proposed banks</keyword>, <keyword id="6597293" type="UNKNOWN" weightage="100" keywordseo="priority-sector-lending">priority sector lending</keyword> and deposits, and classification of non-banking financial companies (NBFCs). 
 Interestingly, the payment banks will be required to meet the standard <keyword id="35038" type="ORGANIZATION" weightage="80" keywordseo="crr">CRR</keyword> terms and must also deposit the balance proceeds in approved <keyword id="838337" type="UNKNOWN" weightage="100" keywordseo="SLR-securities">SLR securities</keyword> with duration of no more than three months. As they won’t be permitted to assume any kind of <keyword id="854662" type="UNKNOWN" weightage="100" keywordseo="Credit-risk">credit risk</keyword>, which literally rules out any risk of default, the <keyword id="2006891" type="UNKNOWN" weightage="100" keywordseo="Minimum-entry-capital">minimum entry capital</keyword> for them will be Rs 50 crore instead of the Rs 500 crore required for full-service commercial banks in the country. Also, the wholesale banks cannot accept deposits bigger than Rs 5 crore from a single depositor. 
 The RBI had launched a three-year financial <keyword id="2006853" type="UNKNOWN" weightage="100" keywordseo="Inclusion-programme">inclusion programme</keyword> in April 2010, which prompted banks to open outlets in 200,000 villages. The current recommendations seek to deepen such access and experts even feel that the new banking licences, to be announced soon, can be categorised accordingly. But both the government and the RBI should ensure that the programme becomes ‘inclusive’ in the true sense of the term and validation issues should not throw a spanner in the works.

Aadhaar Gaining More
Teeth, To Play Key Role In ‘Banking For All’

<keyword id="10399714" type="General" weightage="20" keywordseo="Co-WIN" source="Orion">Co-WIN</keyword> has developed a new <keyword id="89002" type="General" weightage="20" keywordseo="API" source="Orion">API</keyword> called 'Know Your Customer's/Client's Vaccination Status', or <keyword id="12066828" type="General" weightage="20" keywordseo="kyc-vs" source="Orion">KYC-VS</keyword>, which will enable a verifying entity to know whether a person has been vaccinated against coronavirus or not, the Union Health Ministry said on Friday. Over 72 crore vaccine doses have been administered since the vaccination campaign against <keyword id="8763838" type="General" weightage="20" keywordseo="COVID-19" source="Orion">COVID-19</keyword> was flagged off on January 16 this year in the country. To provide proof of vaccination for each of these individuals, Co-WIN is already issuing a digitally verifiable certificate. This certificate can be saved on a digital device (smartphone, tablet, laptop etc), or stored in Digi Locker from where it can be digitally shared as and when required as proof of vaccination, the ministry said in a statement. Similarly, at entry points where such certificate is required (e.g., in malls, office complexes, public events etc), it may be shown in both digital and physical forms. However, there may be instances where an entity does not need to see the certificate in full and would just need to know whether an individual has been vaccinated or not, the ministry said. An enterprise/employer may like to know the vaccination status of its employees to resume functions in offices, workplaces etc, it added. The Railways may want to get the status of vaccination of the passengers who are getting their seats reserved in the trains. Airlines may want to get the status of vaccination of the passengers who are booking their flight tickets, and/or airports may only want to allow vaccinated passengers to pass through. Hotels may want to know the vaccination status of the residents at the time they are checking into the hotel, or at the time of making online bookings, it further said. "As the socio-economic activities are being gradually revived while maintaining everyone's safety, there is a need for a way to digitally convey the status of individuals' vaccination to entities with whom they may be engaging with for any or all reasons, as employees, passengers, residents etc. "Therefore, there is a need to enable an Aadhaar like authentication service for the status of vaccination through Co-WIN. To take care of these cases and others that may come up, Co-WIN has developed a new API called 'Know Your Customer's/Client's Vaccination Status' or KYC-VS," the ministry said in the statement. To use this API, an individual needs to enter his/her mobile number and name. Thereafter, they will get an OTP which they have to enter. In return, Co-WIN will send a response to the verifying entity on the individual's status of vaccination, which will be as follows: -- Person is not vaccinated -- Person is partially vaccinated -- Person is fully vaccinated This response will be digitally signed and can be shared instantly with the verifying entity, the ministry said. The KYC-VS is consent-based and privacy preserving, it added. Additionally, in order to facilitate quick integration and faster adoption, the Co-WIN Team has prepared a webpage with the API, which may be embedded in any system. This will allow for a seamless integration with any system in no time, the statement said. Besides the use cases pointed out, this service may be utilised by any service provider, private or public, for whom verifying an individual's vaccination status is critical for facilitating a service requested, it said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/bitcoin-is-now-legal-in-ukraine-but-not-like-it-is-in-el-salvador/articleshow/86091955.cms">Bitcoin is one signature away from becoming legal in Ukraine and it's not following in El Salvador's footsteps</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/electric-vehicles-registration-are-more-than-cng-vehicles-in-last-two-months-in-delhi/articleshow/86089688.cms">EV adoption on a rise in Delhi — more registrations than CNG-run vehicles in last two months</a>

CoWIN develops a new API to track vaccination status of individuals

How many IDs must one have before the Indian authorities are appeased? My apologies to Bob Dylan, but the <keyword id="6354977" type="ORGANIZATION" weightage="80" keywordseo="Supreme-Court">Supreme Court</keyword>’s ruling on <keyword id="6356006" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-card">Aadhaar Card</keyword> once again highlights how we tend to lose our vision and put in efforts where it is not needed. 
 
Only yesterday, the apex court ruled that the Aadhaar Card is not mandatory to get government benefits and services. The interim order was passed after a retired judge of the Karnataka High Court filed public interest litigation (PIL) as some of the state governments like Maharashtra are mandating the Aadhaar Card as a compulsory requirement without the Parliamentary sanction. 
 The National Identity Authority of India Bill was introduced in 2010 but it was rejected by the <keyword id="61249" type="ORGANIZATION" weightage="40" keywordseo="Parliamentary-Standing-Committee">Parliamentary Standing Committee</keyword> a year later. Till date, our understanding has been that Aadhaar is voluntary in nature and has a different purpose altogether. So the sudden attempt at the Orwellian-style imposition is a bit scary. After all, many of us already have Voter ID cards, PAN cards, passports and driving licences. So why do we need yet another compulsory validation? Aadhaar should be the prerogative of the under-served India living on the edge while the rest of the country can adopt it at its own pace. The macro vision should not be lost either – we need a nationwide social security network and unique identity numbers must be generated to leverage its benefits. 
 Launched by the <keyword id="86474" type="ORGANIZATION" weightage="100" keywordseo="Unique-Identification-Authority-of-India">Unique Identification Authority of India</keyword> (<keyword id="6355252" type="CITY" weightage="100" keywordseo="UIDAI">UIDAI</keyword>), the chief purpose of the Aadhaar scheme is to ensure a broad <keyword id="621722" type="UNKNOWN" weightage="80" keywordseo="economic-inclusion">economic inclusion</keyword>, not enjoyed by millions. Considering the vast Indian population outside the immediate administrative radar and living below the poverty line, it makes sense to have an all-purpose identity proof – a pass key to the direct benefits transfer (DBT) scheme. According to the central government, Aadhaar has been launched to “promote inclusion and benefits of the marginalised sections of the society that has no formal identity proof” and <keyword id="1878763" type="UNKNOWN" weightage="100" keywordseo="Aadhaar-enabled-service-delivery">Aadhaar-enabled service delivery</keyword> is linked to various government schemes such as scholarship, pension, janani suraksha yojana, payment of social security benefits, distribution of LPG subsidy and more. But we have not progressed very far as things can only move slowly in a vast and thickly populated country like India. Once the permanent enrolment centres come up all over the country, the ‘inclusion’ will happen fast. 
 But there is another hitch. The Supreme Court is of the opinion that the use of Aadhaar should not be made mandatory as <keyword id="109240" type="PERSON" weightage="60" keywordseo="illegal-immigrants">illegal immigrants</keyword> may leverage it to legitimise their status. Here is one observation, though. Aadhaar is just an identity proof, not a citizenship proof like a <keyword id="661164" type="UNKNOWN" weightage="60" keywordseo="voter-ID-card">Voter ID card</keyword>. So when the Aadhaar mapping is completed, a second and more stringent level of scrutiny should weed out that problem. 
 
However, one must remember that the consent of an individual is indispensable for Aadhaar. Unlike a Voter ID or a PAN card, one is under no legal obligation to get an Aadhaar Card. Therefore, the sudden and forceful implementation may actually violate one’s Fundamental Rights. Also, a lot of people don’t want to opt for it as they are not too sure if their biometric data (required for Aadhaar Card) will be secure with third party service providers. So the best way ahead will be priority-based adoption and gradual inclusion of the entire country. But how long it will take to reach that goal is anybody’s guess.

Do
You Need Aadhaar Card? Govt Says Yes, Supreme Court Says No

<ul><li>India’s External Affairs Ministry has proposed in its draft <keyword id="7297491" type="UNKNOWN" weightage="20" keywordseo="emigration-bill-2019">Emigration Bill 2019</keyword> new rules for mandatory registration. </li><li>The bill proposes Indian nationals planning overseas education or employment will have to register with the government before moving out. </li><li>Last year, the government made a similar announcement to register with the External Affairs Ministry before taking up a job overseas.</li></ul>Indian nationals planning to go abroad for studies or work may now need to register with the government before departing to other countries. The Indian government has <a href="https://timesofindia.indiatimes.com/india/going-abroad-for-studies-you-mayve-to-register-with-govt/articleshow/67859644.cms?from=mdr">proposed</a> a mandatory registration process as part of the draft emigration bill aimed at strengthening its ‘Emigration management framework.’ The process, which is likely to be digital, is reportedly aimed at providing assistance to the citizens abroad in times of need. India currently has a mandatory registration requirement for Indian nationals seeking to work in 18 countries including the UAE, Saudi Arabia, and Afghanistan. The draft bill also proposes to <a href="https://www.dailypioneer.com/2019/india/govt-proposes-new-emigration-bill-2019.html">set up</a> an ‘Emigration Management Authority (EMA)’ for overall welfare and protection of its emigrants. It will also set up two bureaus — Bureau of Emigration Policy and the Bureau of Administration for handling emigration related issues and daily operations. It will also include migrant resource centres, legal assistance and help desks to facilitate the Indian workforce and students in other countries. Last year, the Indian government made a similar announcement for Indian citizens to register with the External Affairs Ministry before taking up a <a href="https://www.thehindu.com/news/national/e-registration-must-for-jobs-in-18-countries/article25560355.ece">job overseas</a>. The rule was enforced on 1 January 2019 and is applicable for 18 countries — Thailand, UAE, Afghanistan, Bahrain, Indonesia, Iraq, Jordan, Kuwait, Libya, Malaysia, Oman, Qatar, Saudi Arabia, Sudan, South Sudan, Syria, Yemen and Lebanon. However, this also includes the citizens with “non-emigration Check Required (non-ECR)” status. According to the Reserve Bank of India, the number of Indian students preferring <keyword id="1111686" type="PERSON" weightage="20" keywordseo="Education-abroad">education abroad</keyword> has gone <a href="https://www.indiatoday.in/education-today/study-abroad/story/trends-overseas-education-industry-in-2019-divd-1431292-2019-01-15">up by 44%</a> with most students preferring US, UK, Australia and Canada for higher education in 2019. See also: <a href="https://www.businessinsider.in/india-will-soon-have-chip-based-e-passport/articleshow/67645016.cms">India will soon introduce chip-based e-passport and simplified visa norms: PM Modi</a> <a href="https://www.businessinsider.in/more-indians-have-left-the-country-as-its-economy-has-grown-report/articleshow/66732249.cms">More Indians have left the country as its economy has grown: Report</a> <a href="https://www.businessinsider.in/aadhaar-valid-for-indian-travellers-visiting-nepal-and-bhutan/articleshow/67621056.cms">India okays Aadhaar as a valid travel document for Nepal and Bhutan — but only for certain age groups</a>

Indians planning to study abroad may have to register with the government

The Chief Ministers' panel on digital payments has asked government to roll out from December 25 a more user friendly version of USSD or *99#, which is used on feature mobile phones for making cashless payments as cash crunch due to demonetisation continues, as per an agency news report. 
 
"Upgraded version of USSD (Unstructured Supplementary Service Data) should be rolled out by December 25, 2016," suggested the panel on adoption of digital payments in its recommendation submitted to the Finance Ministry. 
 
According to an official statement today, the panel, whose convener is Andhra Pradesh Chief Minister Chandrababu Naidu, has suggested that the procedure for simplified Know Your Customer (KYC) using Aadhaar needs to be adopted. 
 
The second meeting of the committee was held on Friday at NITI Aayog. 
 
The meeting followed the deliberations held by Naidu, Vice Chairman of NITI Aayog Arvind Panagariya with the Governor and senior management of RBI and CMDs of major private and public sector banks on Thursday in Mumbai. 
 
The Maharashtra government informed the meeting that it was introducing an Aadhaar Bill in the legislative assembly to give legal status to the use of Aadhaar number for various purposes. 
 
It also informed that it had launched a major campaign to promote digital transactions. 
 
Madhya Pradesh reported that it had initiated a major programme to digitise the transactions in state-owned mundies. 
 
Odisha pointed out that the state was deficient in financial infrastructure including bank branches, bank correspondent, Internpenetration and mobile phones. 
 
While noting that RBI and banks are largely supportive of the measures to promote digital transactions, the panel suggested steps including easing the digital payment operations at the level of merchant. 
 
It said that UIDAI would shortly roll out the common Android-based Aadhaar Enabled Payment System (AEPS) application developed in collaboration with TCS that can be downloaded by the merchants. 
 
In order to use this application for carrying out cashless transactions, merchants will need a smartphone and a fingerprint scanner. 
 
Transactions on this application can be done without any card or PIN. The application would be made available to all banks and the banks would encourage merchants in their vicinity to adopt this application, it said. 
 
The panel suggested that RBI should allow authentication through iris scanner and One Time Password (OTP) for AEPS and there should be no charge on AEPS transactions.

You Searched For "Aadhaar legal status" and got 5 results

Aadhaar Gaining More Teeth, To Play Key Role In ‘Banking For All’

Sanghamitra Mandal

CoWIN develops a new API to track vaccination status of individuals

PTI

Do You Need Aadhaar Card? Govt Says Yes, Supreme Court Says No

Sanghamitra Mandal

Indians planning to study abroad may have to register with the government

BI India Bureau

Chief Ministers' panel demands more user friendly version of cashless transactions

BI India Bureau

Popular Keywords

Buying Guides

You Searched For "Aadhaar legal status" and got 5 results

Aadhaar Gaining More Teeth, To Play Key Role In ‘Banking For All’

Sanghamitra Mandal

CoWIN develops a new API to track vaccination status of individuals

PTI

Do You Need Aadhaar Card? Govt Says Yes, Supreme Court Says No

Sanghamitra Mandal

Indians planning to study abroad may have to register with the government

BI India Bureau

​ Chief Ministers' panel demands more user friendly version of cashless transactions

BI India Bureau

Popular Keywords

Buying Guides

Chief Ministers' panel demands more user friendly version of cashless transactions