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Status: In force The Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 is a money bill of the Parliament of India . It aims to provide legal backing to the Aadhaar unique identification number project.
Most people have linked their bank accounts to their Aadhaar identity due to the mandatory nature of the linkage as promoted by the government. The Aadhaar programme automatically enrolls the bank customer into a payment system wherein money can be withdrawn from their bank account using their Aadhaar card numbers and fingerprints.
India's Aadhar data breach was one of the biggest data breaches in 2018. In early 2018, Indian government's identification database Aadhaar (similar to SSN ) was reported to be leaking information on every registered Indian citizens [ 10 ] including names, bank details and other private information like biometric data. [ 11 ]
Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Indian Ministry of Micro, Small and Medium Enterprises beginning in September 2015. [2] [3] It is also known as Aadhaar for business. [4]
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
HTTP Status Code 402, also known as "Payment Required," is a standard response code in the Hypertext Transfer Protocol (HTTP). It is part of the HTTP/1.1 protocol defined by the Internet Engineering Task Force (IETF) in the RFC 7231 [ 1 ] specification.
Digital Payment Infrastructure — Multiple 2016 Financial Inclusion Encourages digital transactions through platforms like UPI, RuPay, and FASTag. It is a part of India’s strategy to create a cashless economy, improving financial inclusion and transparency while reducing reliance on cash-based transactions. PM Ujjwala Yojana (PM Lighting Scheme)