The government has made Aadhaar card mandatory for all post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. Ministry of Finance has issued four separate Gazette notifications making Aadhaar mandatory for opening all post office deposit accounts, Public Provident Fund (PPF), National Savings Certificate scheme and Kisan Vikas Patra deposits. "Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar," the notification said. Existing depositors who have not provided Aadhaar number at the time of application for such deposit "shall submit their Aadhaar number to the post office savings bank or deposit office concerned, on or before December 31, 2017," it added. Earlier, the government had insisted on linking Aadhaar card with bank accounts, and several other facilities to keep a check on black money hoarders.

Source: dna October 06, 2017 08:47 UTC