-Scroll.in Aadhaar is depriving the most vulnerable people of their grain entitlements. Eleven-year-old Santoshi Kumari died asking for rice on September 28, eight months after her family stopped getting food rations from the government because their ration card was not linked to their Aadhaar, the biometrics-based 12-digit unique identification number that the Centre wants all Indian residents to have. The child’s death in Jharkhand’s Simdega district has elicited official responses that verge...
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Digital payments push may blow Rs3,800 crore annual hole in banks: report
-PTI After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments Mumbai: The government’s digital payments push, mainly online card payments through point-of-sale (PoS) machines, may leave already capital starved banks bleed by a whopping Rs3,800 crore annually, warns a report. After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage...
More »'RBI Governor must resign over troubles due to note ban' -Arun Janardhanan
-The Indian Express On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?” Chennai: Blaming the Reserve Bank of India Governor Urjit Patel for “misusing” the central bank to carry out demonetisation which “caused trouble to the common man”, D Thomas Franco, general secretary of All India Bank Officers Confederation has...
More »No information on how much black money removed by note ban, says RBI
-PTI NEW DELHI: The RBI has told a parliamentary panel that it has "no information" on how much black money has been extinguished as a result of demonetisation of Rs 500/1,000 notes or about unaccounted cash legitimised through exchange of currency post note ban. Stating that an estimated Rs 15.28 lakh crore in junked notes has come back "subject to future corrections based on verification process", the Reserve Bank also said it...
More »Delhi govt imposes blanket ban on manual cleaning of sewers, offenders to be booked under culpable homicide
-IANS New Delhi: Delhi social welfare minister Rajendra Pal Gautam on Monday announced a blanket ban on manual cleaning of sewers and warned that anyone found violating the rule will be booked under culpable homicide. He also said that a committee had been formed to find out the best possible ways or machines to clean the gutters, within 15 days. The directions came after Lieutenant Governor Anil Baijal on Monday called a high-level...
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