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UID valid residence proof for opening bank acount: Nandan Nilekani

-The Times of India   Unique identification authority said the Aadhaar cards issued by it are a valid residence proof for opening a bank account. "Aadhaar is a valid 'Know Your Customer' (KYC) document for opening a bank account," Unique Identification Development Authority of India (UIDAI) chairman Nandan Nilekani said. "Aadhaar letter has two parts - identity and address. If the address which a person shows to the bank, is the same address...

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Bitter pill for Big Pharma by Bhupesh Bhandari

A committee headed by Planning Commission member Arun Maira, the former head of The Boston Consulting Group in India, wants all acquisitions of Indian pharmaceutical companies by foreigners to be scanned by the Competition Commission of India or CCI. The report will now be sent to Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Prime Minister Singh is expected to take a final view on the...

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Is India in the throes of 'distress migration'? by Soutik Biswas

Are millions of Indians being forced to leave their villages for cities and towns because there aren't enough jobs at home and farm incomes are drying up? Is this "distress migration" unprecedented in India's history? Award-winning journalist P Sainath thinks so. Examining the latest census data, he finds that India's urban population has risen more (91 million more than in the 2001 census) than the rural population (90.6 million more than...

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Diabetes urban link shows up in Jharkhand scan by GS Mudur

Jharkhand has thrown up the sharpest signal of the link between urbanisation and diabetes in a survey covering three states and a Union territory. The study by the Indian Council of Medical Research and collaborating institutions, the first to cover entire states, has shown that 13 people in 100 have diabetes in urban Jharkhand but just three per 100 in the state’s rural areas. Projections from the survey, which has covered Jharkhand,...

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Choked Manipur to airlift condoms by Pankaj Sarma

A blockade-choked Manipur could be facing an HIV epidemic because of condom shortage, forcing the AIDS Control Society to consider airlifting rubber to the state. The Sadar Hills District Demand Committee imposed an economic blockade along Imphal-Jiribam and Imphal-Dimapur highways on July 31 in support of the creation of Sadar Hills district. The United Naga Council imposed another blockade on August 21, to oppose inclusion of Naga villages when the Sadar Hills...

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