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83-502: Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi . The company is a subsidiary of Bharti Airtel . On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934 . In 2015, eleven companies received In-principle approval from the Reserve Bank of India to set up Payments Bank under

166-543: A digital locker , a Universal Account Number (UAN) under EPFO , and some other services such as a SIM card or opening a bank account. According to the UIDAI website, any Aadhaar holder or service provider can verify the genuineness of an Aadhaar number through a user-friendly service of UIDAI called the Aadhaar Verification Service (AVS), which is available on its website. Also, a resident already enrolled under

249-560: A 24% reduction in the sale of subsidised LPG, as "ghost beneficiaries" had been excluded. The savings to the government were to the tune of ₹ 127 billion (US$ 2.08 billion) in 2014–2015. The success of the modified scheme helped fuel marketing companies save almost ₹ 80 billion (US$ 1.31 billion) from November 2014 to June 2015, said oil company officials. The DBT for the public distribution system (PDS) will be rolled out in September 2015. The government's own data, however, suggest that

332-570: A bill would be introduced within a week to provide legislative support to the Aadhaar project. On 3   March 2016 the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 , was introduced in the Parliament as a money bill by Jaitley. The decision to introduce it as a money bill was criticised by the opposition parties. Ghulam Nabi Azad , an INC leader, wrote in

415-597: A letter to Jaitley that the ruling party, the BJP , was attempting to bypass the Rajya Sabha , as they did not have the majority in the upper house. A money bill is only required to pass in the lower house Lok Sabha . Tathagata Satpathy of Biju Janata Dal (BJD) raised concerns that the project could be used for mass surveillance or ethnic cleansing in the future. On 11 March 2016 the Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 ,

498-479: A notification dated 16   December 2010 the Government of India indicated that it would recognise a letter issued by the UIDAI containing details of name, address, and Aadhaar number as an official, valid document. Aadhaar is not intended to replace any existing identity cards, nor does it constitute proof of citizenship. Aadhaar neither confers citizenship nor guarantees rights, benefits, or entitlements. Aadhaar

581-757: A priority basis, with such ID cards issued later to all people living in border states. The Rangarajan Commission set up to revamp the statistical system in India in 2000 and recommended under the Socio-economic Statistics chapter the setting up of a centralised database of citizens in India. The Commission submitted its report to the Government in August 2001 and in its analysis noted under para 9.2.26. Many developed countries and an increasing number of developing countries, including China, have databases of their citizens while also providing each adult individual citizen of

664-455: A retail-based distribution network. The Bank has built a network of over 500,000 neighborhood banking points. In September 2017, Airtel Payments Bank launched UPI enabled digital payments to facilitate secure digital payments. Customers need to link their bank accounts on BHIM before they can make UPI payments . For UPI-based payments and transfers, customers are not required to furnish their bank details to enable transactions. Airtel Money

747-516: Is Rs.100 crore. For the first five years, the stake of the promoter should remain at least 40%. Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India . The voting rights will be regulated by the Banking Regulation Act, 1949 . The voting right of any shareholder is capped at 10%, which can be raised to 26% by the Reserve Bank of India . Any acquisition of more than 5% will require approval of

830-582: Is a digital wallet by Airtel Payment Bank that allows users to make payments using "Airtel Thanks App" or USSD . Airtel Payments Bank launched the issuance of FASTag in November 2019, offline and online. In 2021, The Bank launched ‘Airtel Safe Pay’ that provides an additional layer of payment validation compared to the industry norm of two-factor authentication. In July 2019, Airtel Payments Bank partnered with Bharti AXA General Insurance. Airtel Payments Bank and Bharti Axa Life Insurance have started to provide

913-463: Is a random number that never starts with a 0 or 1. It is not loaded with profiling or intelligence that would make it susceptible to fraud or theft, thus providing a measure of privacy in this regard. The unique ID also qualifies as a valid ID while availing various government services such as a LPG connection, a subsidised ration, kerosene from the PDS , or benefits under NSAP or pension schemes, e-sign ,

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996-635: Is a twelve-digit unique identity number that can be obtained voluntarily by all residents of India , based on their biometrics and demographic data. The data is collected by the Unique Identification Authority of India (UIDAI) , a statutory authority established in January 2016 by the Government of India , under the jurisdiction of the Ministry of Electronics and Information Technology , following

1079-435: Is the list of active payments banks: The following is the list of defunct payments banks: S. Kalyanasundaram has written that the payments bank model is unviable due to restriction from lending and rules for cash reserve ratio and statutory liquidity ratio which leaves very little space for generating income for the payments banks. Aadhaar Aadhaar ( Hindi : आधार, lit.   ' base, foundation ' )

1162-551: Is voluntary and not mandatory. The court also limited the scope of the programme and reaffirmed the voluntary nature of the identity number in other rulings. On 24   August 2017 the Indian Supreme Court delivered a landmark verdict affirming the right to privacy as a fundamental right, overruling previous judgments on the issue. A five-judge constitutional bench of the Supreme Court heard various cases relating to

1245-490: The Companies Act, 2013 . Bharti Airtel launched India's first payments bank named Airtel Payments Bank in January 2017. Paytm Payments Bank, India Post Payments Bank, Fino Payments Bank and Aditya Birla Payments Bank have also launched services. Of the 41 applicants, the list of RBI approved for provisional payments bank licenses are: The following is the list of those who surrendered their license: The following

1328-505: The Department of Electronics and Information Technology said that they were considering linking Aadhaar to SIM cards . In November 2014 the Department of Telecom asked all telecom operators to collect Aadhaar from all new applicants of SIM cards. On 4   March 2015 a pilot project was launched allowing Aadhaar-linked SIM cards to be sold in some cities. The purchaser could activate the SIM at

1411-610: The Government of India under the jurisdiction of the Ministry of Electronics and Information Technology , following the provisions of the Aadhaar Act 2016 . The UIDAI is mandated to assign a 12-digit unique identification (UID) number (termed "Aadhaar") to all the residents of India. The implementation of the UID scheme entails the generation and assignment of UIDs to residents; defining mechanisms and processes for interlinking UIDs with partner databases; operation and management of all stages of

1494-595: The Home Ministry clarified that Aadhaar is not a valid identification document for Indians travelling to Nepal and Bhutan . Prior to the enactment of the Act, the UIDAI had functioned, since 28   January 2009, as an attached office of the Planning Commission (now NITI Aayog ). On 3   March 2016, a money bill was introduced in the Parliament to give legislative backing to Aadhaar. On 11   March 2016,

1577-770: The National Electoral Roll Purification and Authentication Programme (NERPAP) of the Election Commission was started. It aims to link the Elector's Photo Identity Card (EPIC) with the Aadhaar number of the registered voter. It aims to create an error-free voter identification system in India , especially by removing duplications. In the Hyderabad region of Telangana state, Aadhaar numbers were linked to ration cards to remove duplicate ration cards . The project

1660-512: The National Payments Corporation of India (NPCI), launched a smartwatch that incorporates RuPay chip embedded in the dial, enabling direct payments. The Bank's capital at its establishment was Rs 3,000 crore (US$ 441 million). In 2018–19, Airtel Payments Bank reported a loss of ₹338 crore, while it registered a loss of ₹272 crore in the financial year 2017–18. In FY 20, its revenues rose 87% to ₹474 crore. It turned profitable in

1743-655: The National Population Register is not required to enrol again for Aadhaar. In 1999 after the Kargil war , the Kargil Review Committee , headed by security analyst K. Subrahmanyam , was formed to study the state of national security . It submitted its report to the then Prime Minister , Atal Bihari Vajpayee , on 7   January 2000. Among its various recommendations was the proposal that citizens in villages in border regions be issued identity cards on

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1826-509: The Planning Commission issued a notification. On 23   June Nandan Nilekani , the co-founder of Infosys , was appointed by the then-government, UPA , to head the project. He was given the newly created position of Chairman of the UIDAI, which was equivalent in rank to a Cabinet minister . In April 2010 the logo and the brand name Aadhaar was launched by Nilekani. In May 2010 Nilekani said he would support legislation to protect

1909-484: The Public Distribution System , old age pensions and public health insurances. In 2017, reports suggested that HIV patients were being forced to discontinue treatment for fear of identity breach as access to the treatment has become contingent on producing Aadhaar. The Unique Identification Authority of India (UIDAI) is a statutory authority and a government department, established on 12   July 2016 by

1992-592: The 11.4% growth in the same period last year. The PAHAL scheme has covered 118.9 million of the 145.4 million active LPG consumers until March, as stated by the Petroleum Minister in the Parliament. The DBT has thereby become a "game changer" for India, claimed the Chief Economic Adviser to the Finance Ministry, Government of India, Arvind Subramanian, for in case of LPG subsidy, DBT had resulted in

2075-474: The 867 million transactions made during the month. In contrast, State Bank of India (SBI), the largest lender in the country by assets, recorded 145 million transactions, accounting for under 17%.The only banks ahead of Airtel Payments Bank are SBI and the three largest private-sector banks – HDFC Bank, ICICI Bank and Axis Bank. Indeed, ICICI Bank saw close to 60 million mobile-banking transactions in March 2019 though it

2158-548: The Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016, was passed in the Lok Sabha . Aadhaar is the subject of several rulings by the Supreme Court of India . On 23   September 2013, the Supreme Court issued an interim order saying that "no person should suffer for not getting Aadhaar", adding that the government cannot deny a service to a resident who does not possess Aadhaar, as it

2241-438: The Aadhaar (UID) platform. He also asked them to examine the possibility of offering incentives to the states to increase participation in the project, through a one-time sharing of a portion of the savings. It was reported that the government was saving up to 14–15% in the direct benefit transfers of subsidies on LPG to the beneficiaries through Aadhaar. During the budget presentation on 29 February 2016, Jaitley announced that

2324-502: The Aadhaar holder's registered address in the UIDAI database via Speed Post at a fee of ₹50. Government of Andhra Pradesh started Aadhaar based innovative first of its kind project called Bhudhaar to assign an 11-digit unique number for every land parcel in the state as part of the "land hub in E-Pragati Programme". Andhra Pradesh Chief Minister N. Chandrababu Naidu launched the programme on 20 November 2018 to streamline

2407-485: The Aadhaar-linked DigiLocker service was launched, using which Aadhaar-holders can scan and save their documents on the cloud , and can share them with government officials whenever required without any need to carry them. On 18 June 2015, in a high-level review meeting on the progress of the UID project and DBT scheme, Modi asked officials to accelerate the delivery of benefits and expand the applications of

2490-466: The Citizenship (Amendment) Bill 2003 was introduced in the Lok Sabha by L.   K. Advani. It primarily aimed to provide various rights to persons of Indian origin , but the bill also introduced Clause   14   (a) that said: "The Central Government may compulsorily register every citizen of India and issue national identity card to him." The UIDAI was established on 28 January 2009 after

2573-548: The Commission made the specific recommendation under para 9.2.27 made the following observations: 9.2.27 Taking note of the initiative taken by the Ministry of Home Affairs for issuing national identification cards to the citizens, the Commission concludes that: A centralised database of the citizens of the country with a system of issuing a unique identification number/card has several potential benefits to its citizens and will improve

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2656-454: The EPFO became a UIDAI registrar and began issuing Aadhaar number to provident fund subscribers. In December 2014 Labour Minister Bandaru Dattatreya clarified that an Aadhaar number was not necessary for any provident fund transaction. In August 2014 Prime Minister Modi directed the Planning Commission of India to enrol all prisoners in India under the UIDAI. In December 2014 it was proposed by

2739-501: The ID system would help eliminate the loss of the subsidised kerosene and LPG. In May 2012 the government announced that it would begin issuing Aadhaar-linked MGNREGS cards. On 26   November 2012 a pilot programme was launched in 51 districts. Under the original policy for liquefied petroleum gas subsidies, the customers bought gas cylinders from retailers at subsidised prices, and the government compensated companies for their losses. Under

2822-491: The Minister for Women and Child Development, Maneka Gandhi , that Aadhaar should be made mandatory for men to create a profile on matrimonial websites , to prevent fake profiles. In July 2015 the Department of Electronics and Information Technology (DeitY) called a meeting of various matrimonial sites and other stakeholders discuss the use of Aadhaar to prevent fake profiles and protect women from exploitation. On 3 March 2015,

2905-530: The National Identification Authority of India Bill 2010, which had been introduced in the Rajya Sabha , was still pending. They further said that since the UIDAI was proceeding only on the basis of an executive order issued on 28   January 2009, it could not collect biometric data of citizens as it would be a violation of privacy under Article 21 of the Constitution . In December 2011

2988-488: The Parliamentary Standing Committee on Finance, led by Yashwant Sinha , rejected the National Identification Authority of India Bill 2010 and suggested modifications. It termed the project "unethical and violative of Parliament's prerogatives". On 23   September 2013 the Supreme Court issued an interim order saying that the government could not deny a service to anyone who did not possess Aadhaar, as

3071-448: The RBI. The majority of the bank's board of directors should consist of independent directors, appointed according to RBI guidelines. The bank should be fully networked from the beginning. The bank can accept utility bills . It cannot form subsidiaries to undertake non-banking activities. Initially, the deposits will be capped at ₹ 100,000 per customer, but it may be raised by the RBI based on

3154-628: The Reserve Bank of India gave "in-principle" licences to 11 entities to launch payments banks. The "in-principle" license was valid for 18 months within which the entities must fulfil the requirements and they were not allowed to engage in banking activities within the period. The RBI will grant full licenses under Section 22 of the Banking Regulation Act, 1949 , after it is satisfied that the conditions have been fulfilled. March 2019 witness, Paytm account for over 19% of all mobile-banking transactions while Airtel's Payments Bank contributed more than 5% to

3237-578: The Reserved Bank of India and Unique Identification Authority of India (UIDAI) to resume on-boarding new customers using of Aadhaar-based e-KYC. Payments bank On 23 September 2013, Committee on Comprehensive Financial Services for Small Businesses and Low Income Households , headed by Nachiket Mor , was formed by the RBI. On 7 January 2014, the Nachiket Mor committee submitted its final report. Among its various recommendations, it recommended

3320-467: The UID life cycle; framing policies and procedures for updating mechanism and defining usage and applicability of UIDs for delivery of various services, among others. The number is linked to the resident's basic demographic and biometric information such as a photograph, ten fingerprints , and two iris scans , which are stored in a centralised database. The UIDAI was initially set up by the Government of India in January 2009, as an attached office under

3403-573: The UIDAI project, starting the enrolment process in Uttar Pradesh , Bihar , Chhattisgarh , and Uttarakhand . The Union Cabinet allocated ₹ 12 billion (US$ 140 million) to the project in order to reach the target of one billion enrolments by the end of 2015. On 5 July 2015, finding the experience with the DBT scheme in LPG "very encouraging", with a reported savings of ₹ 127 billion (US$ 1.5 billion) to

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3486-540: The aegis of the Planning Commission via a notification in the Gazette of India . According to the notification, the UIDAI was given the responsibility to lay down plans and policies to implement the UID scheme, to own and operate the UID database, and to be responsible for its updating and maintenance on an ongoing basis. The UIDAI data centre is located at the Industrial Model Township (IMT) , Manesar , which

3569-403: The card to be issued first in border villages and then elsewhere. In late September 2001 the Ministry of External Affairs proposed that a mandatory national identity card be issued. This announcement followed reports that some people had obtained multiple Indian passports with different details. This was attributed to the lack of computerisation between the passport centres. In December 2003

3652-421: The cost of implementing the DBT for LPG was over a million dollars, a figure quite at odds with the savings figures that the government cites. Prime Minister Modi has asked for the integration of all land records with Aadhaar at the earliest, emphasising at his monthly PRAGATI (Pro-Active Governance and Timely Implementation) meeting on 23   March 2016 that this was extremely important to enable monitoring of

3735-545: The country a unique identification number. Such a unique identification number assigned to a citizen would be proof of his/her identity for a variety of purposes. The major advantage is that all this can be taken care of by simply producing a citizen identity card as proof of individual identity. Presently, there are different kinds of cards and means of establishing identity in India, such as electoral identity cards, income-tax PAN cards, passports, ration cards, driving licences, birth, and education certificates, etc. However, none of

3818-454: The current Direct Benefit Transfer of LPG (DBTL), introduced in 2013, customers had to buy at full price, and the subsidy would be then directly credited to their Aadhaar-linked bank accounts. This scheme, however, did not take off, and in September 2013 a Supreme Court order put a halt on it. Subsequently, the GOI constituted a committee to review the "Direct Benefits Transfer for LPG Scheme" to study

3901-562: The data held by the UIDAI. In July 2010 UIDAI published a list 15 of agencies that were qualified to provide training to personnel to be involved in the enrolment process. It also published a list of 220 agencies that were qualified to take part in the enrolment process. Before this, the project had been in only 20 states and with the LIC of India and the State Bank of India as qualified registrars. This announcement introduced several private firms. It

3984-484: The efficiency of administration. The project, if implemented, will have obvious benefits to the statistical system. A Group of Ministers (GoM), headed by L. K. Advani , was formed to study the recommendations and examine possible implementation. The GoM submitted its report in May 2001 in which it accepted the recommendation for an ID card and stated that a "multi-purpose National Identity Card" project would be started soon, with

4067-500: The first copy to Dr. Sebastian Paul . The book authored by Mr. P B Jijeesh was the first critique of the Aadhaar Project. Speaking on the occasion Justice V R Krishna Iyer said that "the project AADHAAR should not be implemented for it amounts to an assault on privacy and basic rights of individuals and is suited only for fascist nations. On 7 February 2012, the UIDAI launched an online verification system for Aadhaar numbers. Using

4150-403: The formation of a new category of bank called payments bank. On 17 July 2014, the RBI released the draft guidelines for payment banks, seeking comments for interested entities and the general public. On 27 November, RBI released the final guidelines for payment banks. In February 2015, RBI released the list of entities which had applied for a payments bank licence. There were 41 applicants. It

4233-474: The government's insurance plan Pradhan Mantri Jeevan Jyoti Bima Yojana in August 2018. In 2019, Airtel Payments Bank started offering Atal Pension Yojana (a Government of India initiative) through its platform. In May 2021, Airtel Payments Bank launched DigiGold, a digital platform for its customers to make investments in gold. DigiGold has been launched in partnership with SafeGold, a provider of digital gold. Airtel Payments Bank collaborated with Noise and

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4316-656: The guidelines for Licensing of Payments Bank. On 11 April 2016, Airtel Payments Bank became the first company to receive the Payments Bank license from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949. Airtel Payments Bank started with an 80:20 partnership between Bharti Airtel and Kotak Mahindra Bank . Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016. It

4399-438: The identity number was voluntary. In late September 2013, following the Supreme Court verdict, Union Minister of State for Parliamentary Affairs and Planning , Rajeev Shukla , said that it would attempt to pass the National Identification Authority of India Bill 2010 in the winter session of the Parliament. On 9   October 2013 the National Payments Corporation of India launched an Aadhaar-based remittance system. Using

4482-625: The land records. Union Government of India also implementing Unique Land Parcel Identification Number (ULPIN) Project with the reference from this Bhudhaar Project. Bhuseva Authority, an inter-departmental committee was formulated to implement and its progress monitored in real time basis by Andhra Pradesh Chief Minister and all citizens using CM Dashboard (developed and managed by Real Time Governance Society ). Any type of land parcel categories i.e. agriculture lands, rural properties & urban properties (like houses, house sites, and vacant lands) are managed by all land-related departments in

4565-424: The performance of the bank. Payment Banks are not permitted to lend to any person including their directors. 25% of its branches must be in the unbanked rural area. The bank must use the term "payments bank" in its name to differentiate it from other types of bank. The banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949 , and will be registered as public limited company under

4648-517: The project for the fiscal year 2014–2015. It was a substantial increase from the previous year's allotment of ₹ 15.5 billion (US$ 190 million). Also in July, it was reported that UIDAI would hire an advertising agency, and spend about ₹ 300 million (US$ 3.6 million) on an advertising campaign. On 10 September 2014, the Cabinet Committee on Economic Affairs gave approval to Phase V of

4731-400: The project. On 1 July 2014, Nilekani met with the prime minister Narendra Modi and finance minister Arun Jaitley to convince them of the project's merits. On 5 July 2014, Modi announced that his government would retain the project, and asked an official to look into the possibility of linking the project with passports. The 2014 budget allotted ₹ 20.4 billion (US$ 240 million) to

4814-433: The provisions of the Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 . Aadhaar is the world's largest biometric ID system . World Bank Chief Economist Paul Romer described Aadhaar as "the most sophisticated ID programme in the world". Considered a proof of residence and not a proof of citizenship, Aadhaar does not itself grant any rights to domicile in India. In June 2017,

4897-453: The public exchequer this year, Jaitley said, "If we can realize the government's JAM—Jan Dhan, Aadhaar, Mobile—vision we can ensure that money goes directly and more quickly into the pockets of the poor and from the savings we achieve, we can put even more money for the poor. If we can be careful in our design and implementation, we can extend DBT to other commodities, so that the poor get more money to spend for their upliftment." In March 2015

4980-701: The quarter ended September 2021 and has achieved an annual revenue run rate of ₹1,000 crores. In December 2021, money deposited with Airtel Payments Bank surged 75 per cent to ₹1,000 crore as compared to 2020. Total share capital infused till date is ₹2,348 crores as per financials. The Unique Identification Authority of India (UIDAI) suspended Bharti Airtel and Airtel Payment Bank's licence for eKYC of Aadhar on 16 December 2017, following complaints from customers that their accounts were being opened without their consent. Some even received their LPG subsidies in their Airtel Payment Bank accounts. However, on 12 July 2018, Airtel Payments Bank received requisite approvals from

5063-465: The shortcomings in the scheme and recommend changes. The DBTL scheme was modified later as PAHAL by the new government in November 2014. Under PAHAL, subsidies could be credited to a purchaser's bank account even if he or she did not have an Aadhaar number. Official data show that cooking gas consumption during the January–June period grew at a slower 7.82%, which is nearly four percentage points less than

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5146-665: The state of Maharashtra began enrolling all school students in the state in the Aadhaar project to implement the Right to Education Act properly. Electronic-Know Your Customer (e-KYC) using Aadhaar card is also being introduced to activate mobile connections instantly to check Aadhaar Card Status. In 2020, UIDAI introduced a new physical Aadhaar card made of PVC with additional security features such as holograms , micro text, ghost images, guilloché Patterns , invisible logos etc. The PVC Aadhaar Card can be ordered by any Aadhaar holder from UIDAI's official website and it will be delivered to

5229-481: The subsidy money is directly transferred to a bank account which is Aadhaar-linked. Previously, however, the direct-benefit transfer had been carried out quite successfully via the National Electronic Funds Transfer (NEFT) system, which did not depend on Aadhaar. On 29 July 2011, the Ministry of Petroleum and Natural Gas signed a memorandum of understanding with UIDAI. The Ministry had hoped

5312-473: The successful implementation of the Pradhan Mantri Fasal Bima Yojana or crop insurance scheme. In July 2014 Aadhaar-enabled biometric attendance systems were introduced in government offices. The system was introduced to check the late arrival and absenteeism of government employees. The public could see the daily in and out of employees on the website attendance.gov.in . In October 2014

5395-399: The system, banks, telecom companies, and government departments could enter an Aadhaar number and verify if the person was a resident of India. On 26 November 2012 Prime Minister Manmohan Singh launched an Aadhaar-linked direct benefit transfer scheme. The project aimed to eliminate leakages in the system by directly transferring the money to the bank account of the recipient. The project

5478-548: The system, funds could be transferred to any Aadhaar-linked bank account if the Aadhaar number was known. It was announced that an SMS could be used for amounts up to ₹ 5,000 (US$ 60) and for amounts over that a mobile bank app could be used. By this time around 440 million Aadhaar numbers had been issued. In March 2014 Nilekani resigned as the chairman to contest in the general election on an Indian National Congress nomination from Bangalore South. His responsibilities were taken over by 1981-batch IAS officer Vijay Madan, who

5561-400: The systems are equipped to handle a population figure that exceeds more than 1 billion in India. So far there has not been any attempt whatsoever to standardise a format of citizen's database, which can link the information available for each citizen from different sources and analyse this according to the needs and project a comprehensive picture of the human resources in the country." Further,

5644-534: The time of purchase by submitting his Aadhaar number and pressing his fingerprints on a machine. It is part of the Digital India plan. The Digital India project aims to provide all government services to citizens electronically and is expected to be completed by 2018. In July 2014 the Employees' Provident Fund Organisation of India (EPFO) began linking provident fund accounts with Aadhaar numbers. In November 2014

5727-565: The top court upheld the validity of the Aadhaar system. In the September 2018 judgment, the Supreme Court nevertheless stipulated that the Aadhaar card is not mandatory for opening bank accounts, getting a mobile number, or being admitted to a school. Some civil liberty groups such as the Citizens Forum for Civil Liberties and the Indian Social Action Forum (INSAF) have also opposed the project over privacy concerns. Despite

5810-441: The validity of Aadhaar on various grounds including privacy, surveillance, and exclusion from welfare benefits. On 9   January 2017 the five-judge Constitution bench of the Supreme Court of India reserved its judgement on the interim relief sought by petitions to extend the deadline making Aadhaar mandatory for everything from bank accounts to mobile services. The final hearing began on 17   January 2018. In September 2018,

5893-535: The validity of Aadhaar being challenged in the court, the central government has pushed citizens to link their Aadhaar numbers with a host of services, including mobile SIM cards, bank accounts, registration of deaths, land registration, vehicle registration, the Employees' Provident Fund Organisation , and a large number of welfare schemes including but not limited to the Mahatma Gandhi National Rural Employment Guarantee Act ,

5976-465: The website was closed to the public but as of 24   March 2016 is again active and open to public access. The employees use the last four digits (last eight digits for government employee registering as of August 2016) of their Aadhaar number and their fingerprints, for authentication. In November 2014 it was reported that the Ministry for External Affairs was considering making Aadhaar a mandatory requirement for passport holders. In February 2015 it

6059-528: Was also announced that an external advisory committee (EAC) headed by Nachiket Mor would evaluate the licence applications. On 28 February 2015, during the presentation of the Budget it was announced that India Post will use its large network to run payments bank . The external advisory committee headed by Nachiket Mor submitted its findings on 6 July 2015. The applicant entities were examined for their financial track record and governance issues. On 19 August 2015,

6142-454: Was estimated that to achieve the target of enrolling 40% of the population in two years, 31,019 personnel and 155 training centres would be needed. It was also estimated that 4,431 enrolment centres and 22,157 enrolment stations would have to be established. On 3 November 2011 Former Supreme Court judge V R Krishna Iyer released a book "Aadhaar; How a Nation is Deceived", in Kochi by handing over

6225-512: Was given an extension of his term as the director-general and mission director by the government. Nilekani lost to Ananth Kumar . On 10 June 2014, the new government disbanded four cabinet committees to streamline the decision-making process; among them was the cabinet committee on Aadhaar. Also in June 2014, the IT Department held a meeting with the secretaries of the states to receive feedback on

6308-551: Was inaugurated by the then Chief Minister of Haryana Bhupinder Singh Hooda on 7 January 2013. Aadhaar data is kept in about 7,000 servers in Bengaluru and Manesar . Starting with the issuing of the first UID in September 2010, the UIDAI has been aiming to issue an Aadhaar number to all residents ensuring that it is robust enough to eliminate duplicate and fake identities, and that the number can be verified and authenticated easily and cost-effectively online anywhere, anytime. In

6391-485: Was just a whisker ahead of Airtel, with under 7% of the market. Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India 's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17. The minimum capital requirement

6474-598: Was launched nationally in January 2017 to support the cashless revolution promised by the Government of India . In August 2021, Kotak Mahindra sold its stake to Bharti Enterprises . As of 31 December 2021, 99.9% equity capital of the Bank is owned by the Bharti Group of Companies. The bank turned profitable in the quarter ended 30 September 2021, with an annual revenue run rate of ₹1,000 crore. Airtel Payments Bank has 155 million users and serves them through its digital platform and

6557-937: Was passed in the Lok Sabha. During the Rajya Sabha debate on 16   March, Sitaram Yechury of the CPI-M said that bill should not have been passed when the issue of the right to privacy was still in the Supreme Court. On 16 March 2016 the bill was returned to the Lok Sabha by the Rajya Sabha with some suggested amendments, which the Lok Sabha promptly rejected. The Unique Identification Authority of India (UIDAI) introduces Face Authentication to further strengthen Aadhaar security. It decided to enable 'Face Authentication' in fusion mode on registered devices by 1 July 2018, so that people facing difficulties in other existing mode of verification such as iris , Fingerprint or One Time Password (OTP) could easily authenticate. The biometric technology

6640-447: Was provided by consortium partners Tata Consultancy Services and Neurotechnology . In 2019, Nirmala Sitharaman , the finance minister of India, has proposed the use of Aadhaar card for the cash transactions above ₹ 50,000 in her maiden budget speech. The Aadhaar project has been linked to welfare schemes and unemployment benefit schemes such as the domestic LPG scheme and MGNREGA . In these Direct Benefit Transfer (DBT) schemes,

6723-475: Was reported that people with an Aadhaar number would get their passports issued within 10 days, as it sped up the verification process by making it easier to check if an applicant had any criminal records in the National Crime Records Bureau database. In May 2015, it was announced that the Ministry of External Affairs was testing the linking of passports to the Aadhaar database. In October 2014

6806-502: Was started in July 2012 and was carried out despite the 2013 Supreme Court order. More than 63,932 ration cards in the white category and 229,757 names were removed from its database in the drive between July 2012 and September 2014. In August 2012 the government of the state of Andhra Pradesh asked citizens to surrender illegal ration cards before it began to link them with Aadhaar numbers. By September 2014, 15 lakh (1.5 million) illegal ration cards had been surrendered. In April 2015

6889-435: Was to be introduced in 51 districts on 1 January 2013 and then slowly expanded to cover all of India. In late November 2012 a former Karnataka High Court judge, K. S. Puttaswamy , and a lawyer, Parvesh Khanna, filed a Public Interest Litigation (PIL) against the government in the Supreme Court of India . They contended that the government was implementing the project without any legislative backing. They pointed out that

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