(Image source from: BusinessStandard.com)
Rs 1 Cr Fine And Jail For Companies Insisting For Aadhaar:- The Telecom companies and banks who are insisting on Aadhaar as the major or sole identity or the address proof will soon be booked. Aadhaar is not mandatory to get a mobile connection or open a bank account and those who insists this can be sent to jail and fined upto Rs 1 crore. The jail term ranges from three to ten years. The penalties have been proposed in the amendments that have been cleared by the Union cabinet. Earlier Supreme Court clarified that Aadhaar is compulsory for only welfare services that involves public funds and it is not mandatory for others.
The Union Cabinet responded accordingly and made all the amendments. After several complaints, the necessary amendments are made. The Aadhaar biometric base is secure and it cannot be accessed by any agency. Any misuse of data will be fined upto Rs 50 lakhs and a jail term of 10 years. Unauthorized publication of ID or photograph can mean a fine between Rs 10000 and Rs 1 lakh.