-The Business Standard Cash transfer is targeted at the poor, but Aadhaar has no role in identifying the poor The disbursement of subsidies through direct cash transfers is round the corner. It will begin in 51 districts in the new year, just over a month away, and in half the country in four months’ time. So it is important to ask: do we have the capability to take on this job,...
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UIDAI hopeful of covering 40 cr. people in two years: Nilekani
UIDAI chief holds discussions with Kiran on project’s progress The Unique Identification Authority of India (UIDAI) is hopeful of covering another 40 crore population under the Aadhar cards in the coming two years. UIDAI chairman Nandan Nilekani said the authority had taken steps to address the shortcomings like duplication and fake enrolments identified during the first phase and efforts were underway to develop Resident Database in all States. Mr. Nilekani told reporters after...
More »Rural development ministry plans big push to MNREGA to tackle drought-Amiti Sen
-The Economic Times The rural development ministry is preparing for a big push to its flagship employment generation programme as drought has depressed demand for farm labour. The ministry has written to state governments asking them to identify development projects under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) to ensure there's enough work available for those in need. "We expect demand for work and wages to go up in the coming...
More »A tale of errors-R Ramakumar
Contrary to the claims of the UIDAI, fingerprints are a highly inappropriate tool to uniquely identify individuals. Case 1: “There are nine checks on visa nationals arriving into the U.K. [United Kingdom]. The fingerprint matching check is the most recent. It is the least reliable. It is the least effective in terms of delivering against our requirements….” So stated Brodie Clark, the former head of the United Kingdom Border Force, to a...
More »RBI, finance ministry differ over rural bank branches-Sangita Mehta
The Reserve Bank of India, RBI, and the finance ministry seem to have differences on the way banks should go about ensuring financial inclusion. While both the regulator and the ministry are passionate about providing banking services at low cost to the disadvantaged, a difference of opinion between the two has confused bankers. Recently, the finance ministry told banks that every business correspondent outlet should be converted into an ultra-small branch....
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