Current Affairs - Miscellaneous - Discussion

Parliament passed Aadhaar and Other Laws (Amendment) Bill, 2019 which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get a mobile phone connection. If private entities violate provisions on Aadhaar data, they will be imposed Rs 1 crore penalty and a jail term.The Bill provides the use of Aadhaar number for KYC (Know Your Customer) authentication on voluntary basis under the Telegraph Act, 1885, and the Prevention of Money Laundering Act, 2002.