After a long but frantic search for alternatives, the Indian government in March 2019 came up with amendments to allow private companies to use Aadhaar data for e-KYC (know your customer).
Additionally, the petition also seeks to issue a mandamus urging private companies not to store and access the Aadhaar database made using e-KYC of their customers.
However, the new regulation had exempted government entities and the department of Posts from the Aadhaar authentication charges.
The changes in the law for allowing private companies to use Aadhaar for e-KYC emerged as a challenge to an earlier Supreme Court ruling.
The earlier order disallowed Aadhaar usage by the private sector, commercialisation of the data, among others. | To read full story, visit https://startuparound.com/read/1574573406.3890212/SC-To-Hear-Plea-Challenging-Aadhaar-E-KYC-Usage-By-Private-Entities?ref=audio_experience