UIDAI chairman says Aadhaar helped government save $9B

Nandan Nilekani, the first chairman of the Unique Identification Authority of India (UIDAI), said that the Aadhaar Card system helped save India $9 billion by curbing cases of misuse of beneficiary welfare schemes, according to a report by Little India. “By having a unique number, you eliminate fakes and duplicates from your beneficiary and employee lists. That alone has saved the government $9 billion,” Nilekani said at a World Bank panel discussion on “Digital Economy for Development” in Washington. “It

Bengaluru’s KIA will be first fully Aadhaar-enabled airport in India

Bengaluru’s Kempegowda International Airport (KIA) is set to become the first Aadhaar-enabled airport in India by 2018, according to a report by The Economic Times. Following a two-month pilot project in February, Bangalore International Airport Limited (BIAL) has given the greenlight to make KIA fully compliant with Aadhaaar-enabled entry and biometric boarding system. KIA is expected to be completely Aadhar enabled by December 2018, which is a part of the airport’s initiative to become a Smart Airport. Passengers will be

Report claims UIDAI executives part of private firms profiting from Aadhaar

Current and past employees of the Unique Identification Authority of India (UIDAI), the governing body for Aadhaar, are launching private firms or funding start-ups that are selling Aadhaar-based services and products. According to a report by The Indian Express, the practice is raising concerns regarding propriety and conflict of interest. For instance, former UIDAI chief product managers Vivek Raghavan (who is on a sabbatical with a tenure until the end of February 2018) and Sanjay Jain, as well as former

India may deactivate SIM cards not linked to Aadhaar

The Indian government has made it mandatory for citizens to connect their SIM card with Aadhar card before February 2018 in order to prevent the deactivation of their phone number, according to a report by Financial Express. The move comes a week after the Unique Identification Authority of India (UIDAI) gave banks until the end of the month to open Aadhaar enrollment centers in 10 percent of branches and will fine Rs 20,000 (US$312) for every uncovered branch after September

UIDAI declines privacy activist request for Aadhaar data protection information

The Unique Identification Authority of India (UIDAI), the authority for Aadhaar, have declined Indian privacy activist Vivek Velankar’s request to reveal the names of companies responsible for storing sensitive data as well as the manufacturers of the servers over ‘security reasons’, according to a report by The Times of India. To address data privacy concerns regarding the compulsory Aadhaar registration, Velankar had filed an RTI application asking for the names of the companies storing Aadhaar data, name of the country

UIDAI to soon fine banks without Aadhaar enrollment centers

The Unique Identification Authority of India (UIDAI) has given banks until the end of the month to open Aadhaar enrollment centers in 10 percent of branches and will fine Rs 20,000 (US$312) for every uncovered branch after September 30, according to a report by Hindustan Times. The UIDAI, the governing agency in charge of Aadhaar, ordered private and public banks in July to open Aadhaar enrolment and updation facility in one out of 10 branches by the end of August.

Biometrics industry stocks this week

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. The end of summer. Corporate North America is getting back to work. It will be interesting to see what happens on stock exchanges this fall as Wall Street traders return to their desks at the

India’s ruling that citizens have right to privacy could impact biometric ID plan

India’s Supreme Court has finally ruled citizens have a fundamental right to privacy, which could potentially derail the government’s plan for making registration of its Aadhaar biometric identification program a requirement for all government services, according to a report by Bloomberg. The Supreme Court made the ruling after a month of hearing multiple petitions challenging the legality of the Aadhaar project to determine whether citizens are entitled to privacy as a fundamental right. The nine-judge bench unanimously ruled that privacy

Indian market regulator prepares for making Aadhar mandatory for stock trading

Securities and Exchange Board of India has taken the preliminary steps to making Aadhar mandatory for buying shares and mutual funds, according to a report by Economic Times. The market regulator has requested exchanges for their feedback on how prepared brokers are in getting their clients to send Aadhar card information prior to December 31. BSE asked brokers in a recent pamphlet for their comments on the issue by August 23. Existing clients will have to submit the Aadhar card

UIDAI tells Supreme Court it’s impossible to track citizens using Aadhaar

The Unique Identification Authority of India (UIDAI), the governing agency in charge of Aadhaar, told India’s Supreme Court that it is nearly impossible to use Aadhaar to track citizens, according to a report by NDTV. The agency said there were several measures implemented in the law and its systems to ensure that the government could not use Aadhaar for surveillance purposes even if it were deemed legal. The agency also suggested that too much was being made of privacy being