Left Menu
Development News Edition

Cellular Operators' Association to assess implications of SC judgment

Devdiscourse News Desk | Updated: 26-09-2018 22:15 IST | Created: 26-09-2018 21:06 IST
Cellular Operators' Association to assess implications of SC judgment

Cellular Operators' Association of India (COAI) Wednesday said it will examine and assess implications of the Supreme Court judgment, which states that it will not be mandatory for customers to link Aadhaar for mobile connections and bank accounts.

The apex court Wednesday struck down the Section 57 of the Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 that permitted private entities like telecom companies or other corporates to avail of the biometric Aadhaar data.

"We respect the Aadhaar verdict of the Hon'ble Supreme Court, the apex court of India. We are going to review the judgment and its implications. We shall await further orders and instructions from Department of Telecom," COAI Director General Rajan S Mathews said in a statement.

COAI member operators as always will definitely comply with the law, he added.

Rajya Sabha MP Rajeev Chandrasekhar said these strike downs "correct the grave asymmetry" that existed in the Act vis a vis the rights of citizens and accountability and powers of UIDAI.

"This judgment should reassure all citizens that Aadhaar has been put into place by this government to ensure that curse of corruption and leakages in use of public money is once in for all removed from our system," he added.

Finzy founder and CEO Amit More said the decision would also impact many fin-tech companies (including peer-to-peer lending platforms), digital banks and non-banking financial companies that rely "heavily" on Aadhaar-based eKYC verification.

Pointing out that Aadhaar Virtual ID and UID token were introduced earlier this year keeping in mind the privacy concerns, More said one would need to see the impact of the SC verdict on these additional security layers.

BankBazaar.com CEO Adhil Shetty also said clarifications are needed to figure out the exact impact of the judgment on the existing eKYC processes for opening a bank account.

"OTP-based eKYC had helped an increasing number of people access financial products over their mobile phones, increasing the penetration and reach of such products and raising levels of financial inclusion," he noted.

C V Madhukar of Omidyar Network added that private sector business models will now need to evolve in order to provide greater privacy protection to individuals, while also ensuring inclusive innovation.

Gopal Bohra, Partner at NA Shah Associates LLP said the apex court has applied a balanced approach - making mandatory use of Aadhaar at certain places such as filing of income tax return and also restricting the data sharing with private parties.

"This ruling making mandatory linking of Aadhaar with PAN will help the government in curbing tax evasion," he said.


TRENDING

OPINION / BLOG / INTERVIEW

Pandemic must be impetus, not obstacle, for clean water access

To make matters worse, there are suspicions that the inadequacy of wastewater treatment methods in California, the rest of the USA, and indeed around the world may help to propagate the disease even more widely. ...

3D printing and the future of manufacturing post COVID-19

The on-demand, customizable, and localized manufacturing of product components facilitated by 3D printing has the potential to redefine manufacturing but there are certain technical, mechanical, and legal limitations that, unless ...

How UK’s 'best prepared' healthcare system failed to gauge COVID-19

The UK is proud of their public health system and its unlike any other country as around 90 percent of British public supports the founding principles of National Health Service. But without accurate data being available to stakeholders in ...

Poor on IHR capacity progress in 2019, WHO says Cambodia tops COVID-19 response

Despite being in proximity to Hubei, the original epicenter of COVID-19 pandemic, Cambodia has reported just 226 confirmed cases and zero deaths. After seeing the data, WHO appreciated Cambodias healthcare information system but experts dou...

Videos

Latest News

Reports: Cardinals-Pirates series postponed

It appears the St. Louis Cardinals long waiting period will continue as their three-game series with the Pittsburgh Pirates reportedly has been postponed. According to multiple reports, the Pirates canceled their scheduled Sunday night char...

UK prime minister says schools must open in September

British Prime Minister Boris Johnson said reopening schools in September was a social, economic and moral imperative and insisted schools would be able to operate safely despite the coronavirus pandemic.His comments follow a study earlier t...

Stars win shootout, keep Blues winless in round robin

Dennis Gurianov scored the decisive shootout goal as the Dallas Stars edged the St. Louis Blues 2-1 Sunday in Edmonton. Gurianov beat Blues goaltender Jake Allen through the pads for the only shootout goal scored by either team.The Stars fi...

Bizarre play helps Rangers finish sweep of Angels

Nick Solaks first home run of the season was taken away, but it didnt stop the Texas Rangers from completing a three-game sweep of the Los Angeles Angels with a 7-3 win Sunday afternoon in Arlington, Texas. The Rangers had a 5-2 lead in the...

Give Feedback