Question : AGREEMENT WITH LIC AND SBI

(a) whether the Life Insurance Corporation (LIC) of India and State Bank of India (SBI) have agreed to share the database of its policy holders with the Unique Identification Authority of India (UIDAI) as reported in the media;

(b) if so, the details thereof and the reasons for this move;

(c) the mutual gain to these three authorities by this venture;

(d) as registrar, the role that would be rendered by the LIC and SBI in the entire scheme; and

(e) the extent to which UIDAI is likely to be assisted by the tie-up?

MINISTER OF STATE IN THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI V. NARAYANASAMY)

(a) & (b): Unique Identification Authority of India (UIDAI) has signed a Memorandum of Understanding (MoU) with the Life Insurance Corporation (LIC) of India on 09-06-2010 and with the State Bank of India (SBI) on 02-07-2010 to enable them to act as Registrars. Both LIC and SBI would enroll residents into the UID system. The MoU does not entail sharing of database by the two organizations with UIDAI. Both the organizations may, however, use their respective database for enrolling residents into the UID system.

(c) to (e): The mandate of the Unique Identification Authority of India (UIDAI) is to issue Unique Identification numbers to all the residents. UIDAI proposes to collect demographic and biometric attributes of residents through various agencies of the Central and the State/UT Governments and others who, in the normal course of their activities, interact with the residents. These entities are described as “Registrars” for the UIDAI. As Registrars, LIC would use the UID numbers to accurately identify policy holders and beneficiaries and to have uniform standards and processes for verification and identification of its beneficiaries. SBI also proposes to use the UID numbers to accurately identify its customers.