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of <h1>Indian Parliament Approves Voluntary Aadhaar Use for KYC; Not Mandatory for RuPay Card Activation.</h1> The Aadhaar and Other Laws (Amendment) Bill, 2019, passed by the Indian Parliament, allows voluntary use of Aadhaar authentication as a Know Your Customer (KYC) document. Under the Prevention of Money Laundering Act, 2002, banks must obtain Aadhaar numbers from individuals seeking benefits or subsidies under specific schemes. Pradhan Mantri Jan-Dhan Yojana account holders receive RuPay debit cards with accident insurance, but linking Aadhaar is not mandatory for RuPay card activation. This information was provided by the Minister of State for Finance in a written response to the Rajya Sabha.
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