Satyanarayana appointed part-time chairman of UIDAI

Posted on:10 Sep 2016 09:39:23

Satyanarayana appointed part-time chairman of UIDAI
10 September 2016 Current Affairs GK: Electronics and IT Minister Ravi Shankar Prasad has administered the oath of office to former IT Secretary J Satyanarayana as part-time Chairman of UIDAI but said the post will not have Cabinet rank.

The part-time Chairman, who will have tenure of three years, will hold power limited to provisions defined under the Aadhaar Act 2016.

In the UPA regime, the Chairman of the Unique Identification Authority of India (UIDAI) was equivalent to a Cabinet minister.

Apart from Satyanarayana, the minister also administered the oath to IT company netCore's founder and Managing Director Rajesh Jain and Persistent Systems' Chairman and Managing Director Anand Deshpande  who have been appointed as part-time members of UIDAI.

On queries regarding conflict of interest in appointing Jain and Deshpande as part-time members as both of them run IT companies.

Total number of transactions on Aadhaar platform has reached 131.11 crore and total amount involved in those transactions is Rs 37,184.81 crore. We have saved amount of about Rs 36,000 crore from Aadhaar based transactions.

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