The finance ministry may have amended the Prevention of Money Laundering Rules, 2005, to notify Aadhaar as adequate to meet KYC norms for opening bank accounts, putting it alongside other identity proofs, but banks are still confused Is a unique ID number or Aadhaar number issued by the Unique Identification Authority of India (UIDAI) enough to satisfy the so-called know-your-customer (KYC) norms that banks have to ensure every account they open...
More »SEARCH RESULT
Total Matching Records found : 650
Cabinet declares assets, Kamal Nath richest
-The Times of India Prime Minister Manmohan Singh and his cabinet ministers on Saturday declared their assets which were posted online, officials said. The list of assets and liabilities of the prime minister and his council of ministers were put on the prime minister's website - http://pmindia.nic.in/rti.htm. The list included details of the Prime Minister, 32 cabinet ministers, seven ministers of state with independent charge and 37 ministers of state. Urban development minister Kamal...
More »Kamal tops rich list, Antony at bottom
-The Times of India The government on Saturday released a list of assets owned by Union ministers. Urban development minister Kamal Nath and his family top the charts with a net worth of over Rs 263 crore. Prime Minister Manmohan Singh's holdings are a little over Rs 5 crore. At the bottom of the pile is the low-profile defence minister, A K Antony, who claims he has a paltry Rs 1.8 lakh...
More »Survival in the shadow of dams by Ananda Banerjee
Floods are vital to Kaziranga; dams on the upper reaches of the Brahmaputra could disrupt the balance A few weeks ago, much of the grasslands of Kaziranga National Park were under water. The monsoon floods bring with them their own set of problems—some of the animals, for instance, have to be rehabilitated—but they are required for the very existence of the park. The annual floods of the Brahmaputra creates grasslands, floodplains, and...
More »In 8 yrs, Cong income up by seven times by Gopu Mohan
What can power do to a political party’s financial health? Quite a lot, it seems. An RTI query by a Chennai-based activist shows that the income of India’s longest-ruling national party, the Indian National Congress, increased from Rs 69.55 crore in 2002-03 to a whopping Rs 467.57 crore in 2010-11. Documents accessed by activist V Gopalakrishnan show that the jump is even more evident when figures from 2003-04 are compared with...
More »
