“Private entities using Aadhaar as a KYC document will have to ensure safety and privacy of the Aadhaar data,” a source said. Also Read Soon, you may opt to withdraw your Aadhaar numberThe changes in the relevant sections of the Telegraph Act and PMLA will be effected through the original Aadhaar Act. To overcome this lacuna, the Telegraph Act is being amended to provide legal backing for the issuance of mobile SIMs through Aadhaar. Similarly, the amendment to the PMLA will give individuals option to link their bank accounts to Aadhaar in the KYC option. Under the amendments, the government has proposed an imprisonment of up to 10 years for attempting to hack Aadhaar data.

Source: The Hindu December 18, 2018 04:45 UTC