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RBI Rules Out Introduction of Islamic Banking

-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...

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Delivering food to a billion people -Yoginder K Alagh

-The Hindustan Times India's food problem is bifocal. A fast growing democracy cannot continue to live with any more deaths due to hunger and malnutrition. Simultaneously, it has to resolve the problem of meeting the rapidly rising food needs of a growing economy or what is called food inflation, basically an inability to grow and deliver food adequately and efficiently to meet the rising and diversifying demand. Indians are good demand modelers....

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UIDAI launches public data portal for Aadhaar

-ANI The Unique Identification Authority of India (UIDAI) has launched its 'public data portal' for the Aadhaar project in line with the national data sharing and accessibility policy (NSDAP) 2012. The portal will enable the public to access several anonymised datasets generated in the UIDAI ecosystem. The public data portal is in consonance with the larger vision of the Government of India to make data available through data.gov.in. The UIDAI has also been...

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UIDAI Chairman Nandan Nilekani in favour of using IT to tackle corruption issue

-PTI UIDAI Chairman Nandan Nilekani today said a strategy to tackle corruption at all levels can be effectively and systematically done by use of information technology. "Systemic changes by re-engineering process that interface with the common man through the use of innovative technology solutions will go a long way in addressing the issue of corruption," he said while delivering the 19th Lovraj Kumar Memorial Lecture here. Nilekani, former co-chairman of Infosys Technologies, is...

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Blundering on land and Aadhaar-Praful Bidwai

-Pratirodh.com The fanfare with which Prime Minister Manmohan Singh and Congress president Sonia Gandhi launched a service delivery scheme in Rajasthan based on the Aadhaar (foundation) unique identity (UID), and celebrated the issue of the first Aadhaar number topping the 200-million mark, should make the Indian National Congress a very worried party indeed—assuming it has a good survival instinct and basic grasp of practical politics.    To put it starkly, the Congress and...

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