Aadhaar Linkage with Bank Accounts
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 4797
ANSWERED ON: 23.03.2018
ANSWERED ON: 23.03.2018
Aadhaar Linkage with Bank Accounts
SANTOSH KUMAR
MANOJ KUMAR TIWARI
(SMT.) RATNA DE(NAG)
HARI OM PANDEY
ARVIND GANPAT SAWANT
KRUPAL BALAJI TUMANE
MANOJ KUMAR TIWARI
(SMT.) RATNA DE(NAG)
HARI OM PANDEY
ARVIND GANPAT SAWANT
KRUPAL BALAJI TUMANE
Will the Minister of FINANCE be pleased to state:-
(a) whether the Government has made Aadhaar mandatory for existing bank
accounts and opening of new bank accounts by 31 March, 2018 by invoking
the Rules making powers under the Prevention of Money Laundering
(Maintenance of Records) Rules, if so, the details thereof;
(b) whether this modus operandi is a
questionable exercise of the Rule making powers directly affecting the
dignity of every citizen of India and if so, the details thereof;
(c) whether such provision is likely to
affect the wherewithal of senior citizens, particularly very senior
citizens who face potential failure of biometric authentication,
inasmuch as it will be an unbearable/impossible compliance burden for
them, if so, the details thereof along with the steps taken by the
Government or proposed to be taken by the Government to safeguard their
financial, legal and livelihood rights from jeopardy;
(d) whether the Government proposes to
extend the time limit for Aadhaar linking to account numbers beyond 31
March 2018, if so, the details thereof and if not, the reasons therefor;
and(e) the extent by which this step is likely to increase the financial inclusion in the country?
ANSWER
The MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)
The MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)
(a) The Central Government vide
notification dated 13.12.2017 had notified, the 31st March, 2018 or six
months from the date of commencement of account based relationship by
the client, whichever is later, as the date of submission of the Aadhaar
number, and Permanent Account Number or Form 60 by the clients to the
reporting entity.
(b) No, Madam.
(c) No proposal to grant exemption to
senior citizens from linking their Aadhaar with bank accounts is under
consideration of the Government.
(d) In Writ Petition (Civil) No.
494/2012, Supreme Court has ordered on 13.03.2018 to extend the last
date of the completion of the process of Aadhaar linking of new bank
accounts from 31st March, 2018 to till the matter is finally heard and
the judgement is pronounced.
(e) As per information from 21 public
sector banks, including their sponsored banks (Regional Rural Banks) and
24 private sector banks, there are 10,989.07 lakh operative Current
Account and Savings Accounts (CASA) bank accounts (excluding small
accounts and accounts in the States of Assam, Meghalaya and Jammu &
Kashmir), out of which Aadhaar has been seeded in 8,865.02 lakh bank
accounts.
Source : Lok Sabha