Mandatory linking of Aadhaar to banks and telecom companies could be restored by passing a Parliament approved legislation. Finance Minister, Arun Jaitley said that as per law, it can still be done, provided it's under the adequate provision of law. However, the Finance Minister did not say if the government will bring a new law for the same.
Jaitley further added that Aadhaar is not a citizenship card, infact it is a system where one can give a lot of government money in form of various support and subsidies to all kinds of people.
Jaitley believes that if the government is able to show how the data it shares with the mobile telephony through Aadhaar linkage will help, then it can be made mandatory.
On September 26, this year the Supreme Court had passed a judgement that Aadhaar is constitutionally valid. It however restricted the use of Aadhaar by private entities such as banks, payment players, insurance and telecom companies etc. The court said Aadhaar can be used only for government services. However, an individual will have to submit it for tax purposes. The SC had also ruled that telecom companies will have to delete the Aadhaar number of its customers.