Bank Account- Adhaar card is not compulsory for the Sim, the government said
3/1/2019

Business/  News Measurements Network

12:30
The Union Cabinet has approved the issuance of Ordinance to open the bank account and allow voluntary use of the base as an identity card for mobile phone connection. This Ordinance was necessary because, despite the passage of the amendments related to it in the Lok Sabha on January 4, it was stuck in the Rajya Sabha. In such a situation, after the dissolution of the Lok Sabha, it would be neutralized.
 
Amendments to the Aadhaar Act will be effective from this Ordinance. Union Minister for Information Technology Ravi Shankar Prasad told reporters after a meeting of the Cabinet chaired by Prime Minister Narendra Modi that the Cabinet approved the proposal to bring an ordinance to make the amendment in the base and other laws effective.
 
In the amendment, there is a provision for stringent penalties for the violation of rules related to the use of the base and privacy. Prasad said, "The basis under the Telegraph Act and Prevention of Money Laundering Act (PMLA) can be used voluntarily for KYC. Companies using the Aadhaar will have to follow the guidelines related to privacy.
 

Latest Articles

"Last leg SPACERACE petition of our time" - MARS AND EVERYTHING PAST IT WITH THE REAL MCCOY!

Today's Date: 08-20-2018 Hello, this is Boh with (serial inventor). I am writing you today looking to spark a NEW spacecraft startup for TRUE/permanent spacecrafts. Its call the CORE HYPER DRIVE t...

Read Full Article
Keep your body well hydrated, this Summer True hydration does not occur with de-mineralized water.

Medical Desk,  Lucknow:    Perhaps this is why its consumption does not quench thirst Manjari Chandra. Drinking water serves a range of purposes in our bodies, such as re...

Read Full Article
America Study Conducted, Reveals Growth and Benefits of the Practice

Monis Khan, Resident Editor, NM Lucknow:   The freshly released 2016 Yoga in America Study Conducted by Yoga Journal and Yoga Alliance shows that the amount of people, yoga practit...

Read Full Article