Explorer

Moody’s Report On Aadhaar Baseless, Lacks Evidence: Govt

The UIDAI said that the Aadhaar is the most trusted digital ID in the world

The Unique Identification Authority of India (UIDAI) on Monday said that the International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence. In a strong rebuttal, the UIDAI in a release said that the global agency that claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.

In a statement the UIDAI said, "A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times." The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.

"The investor service did not make any attempt to ascertain facts regarding the issues raised by it from the Authority. The sole reference cited in the report is in respect of the UIDAI, by referring to its website. However, the report incorrectly cites the number of Aadhaars issued as 1.2 billion, although the website prominently gives the updated numbers," the UIDAI said.

It said that the report ignores that biometric submission is also possible through contactless means such as face authentication and iris authentication. "In addition, the option of mobile OTP is also available in many use cases. The report also avers that there are security and privacy vulnerabilities in a centralised Aadhaar system. The factual position in this regard has been repeatedly disclosed in response to Parliament questions, where Parliament has been categorically informed that till date no breach has been reported from the Aadhaar database," the statement added. 

ALSO READ | Stock Market: Sensex, Nifty Trade Flat. Tata Steel Up 2 Per Cent; Metal, Auto Lead

Top Headlines

April 2026 MPR: How Borrowers Should Prepare For Rate Moves
April 2026 MPR: How Borrowers Should Prepare For Rate Moves
8th Pay Commission: 3.0 Vs 3.25-Which Fitment Factor Could Give You A Massive Salary Hike
8th Pay Commission: 3.0 Vs 3.25-Which Fitment Factor Could Give You A Massive Salary Hike
New PAN Rules From April 1: All You Need To Know Before Applying
New PAN Rules From April 1: All You Need To Know Before Applying
Bank Holiday Today, Tomorrow, Day After: Branches Shut Across Cities From March 31 To April 3. Here's Why
Bank Holiday Today, Tomorrow, Day After: Branches Shut Across Cities From March 31 To April 3. Here's Why

Videos

POLITICAL ACE: Former Tennis Star Leander Paes Joins BJP Ahead of Bengal Elections
GLOBAL CONFLICT: AI-Assisted Strikes Escalate US-Israel Attacks on Iran, 11 Dead in Mahallat
GLOBAL ALERT: Iran Threatens UAE as US Considers Ground Operation on Kharg Island
TRAGEDY ALERT: Nalanda Temple Stampede Claims 8 Lives Amid Mahavir Jayanti Crowds
War Update: UAE intercepts Iranian Shahed drones mid-air, video surfaces

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget