Making provisions easier for NRI’s, Finance Minister Nirmala Sitharaman said in the Union Budget that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period of 180 days. The government plans to enable them to apply for an Aadhar card using their Indian passport.
As of now, NRIs have to follow the waiting period of 180 days to be eligible for an Aadhaar card.
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This is the first Budget of Prime Minister Narendra Modi’s government after his re-election with a massive mandate. Among other proposals for NRIs to provide seamless access to Indian equities in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment.
