Business Standard

There's no alternative to Aadhaar

Aadhaar-based authentication is vital to reach the last mile in financial services

aadhaar
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Parag Mathur
Aadhaar has achieved near universality as it provides identification to more than 1.2 billion Indian residents. Its scale, ability to uniquely identify individuals, and digital interface make it a frictionless identification platform. Finance Minister Arun Jaitley recently wrote, “The Supreme Court has upheld the whole concept of unique identity and rejected the challenge that it violated the Right to Privacy. It was held that Aadhaar meets the concept of constitutional trust, limited government and good governance and empowers marginalised section of society. It has also introduced several safeguards to ensure that it is not misused. The Judgment of the Supreme
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