Ramanathan seems to have an incorrect comprehension of information and technology around Aadhaar, and we believe it’s important to bring out the facts and dispel the myths.
Aadhaar-enabled micro - ATMs at post-offices are expected to have a transformational impact in furthering the cause of financial inclusion with respect to basic services, including deposits, withdrawals and balance inquiries, even in remote areas.
The UIDAI’s focus to get mobile numbers updated indicated the direction it wants to take – to give service providers another reliable option for authentication. Service providers can even build their own OTP authentication for exception handling. There can be multiple factors of authentication to ensure that nobody gets left out, including electronic and traditional paper-based authentication. Of course a good system design would require service providers to do exception handling in tandem with fraud detection.