The Central Government has made it mandatory for people to furnish their Aadhaar card for biometric verification when they make deposits in Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and schemes of the Post Office. Existing depositors have to get their Aadhaar number seeded with the deposit scheme by 31st December, 2017.
As per reports, the Ministry of Finance has issued four Gazettes making Aadhaar mandatory for opening new Post Office deposit accounts, PPF, KVP and National Savings Certificate (NSC). As per the notification dated 29th September, depositors have to provide their 12 digit Aadhaar number for all existing deposits and while opening a new account. In case Aadhaar has not been issued to the depositor, he has to furnish his Aadhaar Enrolment ID at the time of opening the account.
Currently, the Government has made it compulsory for people to furnish their Aadhaar to avail benefits of more than 135 schemes that include Pahal, PDS, MGNREGA and others. It has helped a lot in curbing benami deals and black money generation and channelling.
For all those who have not been provided Aadhaar, the government has directed them to enrol for Aadhaar at the earliest by visiting one of the Aadhaar Enrolment Centres. However, no service will be denied to non-furnishers of Aadhaar during this period.