-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
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Customers defrauded at 4 PSBs through Aadhaar-based authentication misuse -Somesh Jha & Namrata Acharya
-Business Standard The banks - Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank - recently reported the matter to the Union government New Delhi/ Kolkata: The staff of four public sector banks (PSBs) has been alleged to have salted away depositors’ money by misusing the latter’s Aadhaar-based authentication. The banks — Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank – recently reported the matter to the Union government,...
More »Aadhaar red card in school -Piyush Srivastava
-The Telegraph Lucknow (Uttar Pradesh): Many a fear has been expressed over the potential misuse of the Aadhaar card, ranging from privacy violation to online looting to suppression of dissent. Now, a headmaster in Uttar Pradesh has been accused of opening an unforeseen flank by showing the door to 17 pupils on the pretext that they hadn't submitted their Aadhaar numbers. Rajesh Kumar, the headmaster of the government-run Laltapur Primary School in Chandauli...
More »Now, Aadhaar mandatory to access LIC policy online -TK Rohit
-The Hindu Raises questions about violation of SC orders and insurance regulator’s norms Chennai: Despite the government extending the deadline for linking Aadhaar to various services to March 31, 2018, many insurance companies are insisting that customers part with their Aadhaar details for accessing their services. Principal among such insurers is the Life Insurance Corporation of India (LIC), whose newly designed web portal requires mandatory registration of policy holders’ Aadhaar details to even...
More »Following the grain trail: on India's public distribution system -Jean Dreze
-The Hindu Many States have initiated ‘reforms’ of the public distribution system that are hurting millions of people India’s public distribution system (PDS) is in danger of being derailed in several States across the country. Recent disruptions of the PDS have taken different forms, from compulsory biometric authentication to so-called direct benefit transfer (DBT). The consequences are alarming, but tend to go unreported. Biometric mix-ups Jharkhand is a prime example of this problem. By...
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