BUSINESS
UIDAI officials are likely to engage with Reserve Bank of India (RBI) and Telecom Regulatory Authority of India (TRAI).
The deadline for linking Aadhaar number with carious welfare and economic schemes may get extended as the officials of aadhaar issuing authority, UIDAI plan to meet RBI and TRAI.
According to the report in the Economic Times, UIDAI officials are likely to engage with Reserve Bank of India (RBI) and Telecom Regulatory Authority of India (TRAI).
Quoting an official from UIDAI, the newspaper stated that the government will soon conduct meetings with the telecom department officials to know whether they think companies require Aadhaar numbers or not.
It further stated that the same will be followed for insurance and mutual funds, where the concerned department or the regulator will have to take a decision.
The report also mentioned that the meeting has not taken place yet because new security measures have been rolled out in the form of facial recognition and Virtual ID to tackle security issues.
"Any scheme for which money goes from the Consolidated Fund of India will require Aadhaar," sources told the paper. "Our view is that people are more comfortable sharing (Aadhaar number) with government agencies as compared to private ones," the source added.
At present the deadline for linking Aadhaar to various schemes is March 31.
UIDAI announced the addition of facial recognition-based authentication for Aadhaar users. This is especially for those with problems with other forms of biometric verification like fingerprint and iris. The new feature will be launched by July 1.
"This will help the elderly or others facing issues with fingerprint authentication," Ajay Bhushan Pandey, CEO UIDAI, said. The photo of the face of the resident can also be leveraged to verify the identity.
Aadhaar card-holders can also generate virtual IDs from March and use them for various purposes, including SMI verification, instead of sharing their actual 12-digit biometric code that's been hit by privacy and data breach concerns, the UIDAI said on January 10.
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