-First Post Electoral logic is driving the UPA towards a patent illegality: forcing people to part with sensitive private information such as biometric data or finger-prints without having any law to protect privacy in place. As things stand, getting yourself an Aadhaar card issued by the Unique Identification Authority of India (UIDAI) is voluntary; you are not legally bound to part with this information to anyone, leave alone the UIDAI ....
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PSU banks express reservation against usage of Aadhaar number for cash-transfers -Ahona Ghosh & M Rajshekhar
-The Economic Times The government's plan to make the Aadhaar number the centrepiece of the cash-transfer system is now facing opposition from a new quarter: banks. Several banks, led by the State Bank of India, have expressed reservation against jettisoning their current systems in favour of the platform created by the Unique Identification Authority of India (UIDAI), which issues the Aadhaar number and wants to make it the basis to authenticate...
More »LPG direct Cash transfer scheme likely from July 1
-The Hindu The government is gearing up for the next big leap under the Direct Cash transfer (DCT) scheme to bring a huge number of nearly 14 crore LPG consumers under its ambit. The scheme, which is likely to be launched from July 1, is aimed at directly putting the subsidy component of the domestic cylinder into the bank account of the consumers to eliminate the leakages in the system and address...
More »PM calls for improved delivery of DBT scheme-Ashok Dasgupta
-The Hindu The flagship programme will now include LPG subsidy Admitting that the UPA government's ambitious flagship Direct Benefits Transfer (DBT) programme had run into unanticipated "difficulties" since its roll-out in January this year, Prime Minister Manmohan Singh on Friday exhorted the departments concerned to renew efforts for its successful implementation. Dr. Singh pointed to the "unsatisfactory nature of tracking and monitoring" systems of the scheme which had the potential of "transforming...
More »Banks 'distrust’ Aadhaar for Cash transfer scheme rollout -Nitin Sethi & Sidhartha
-The Economic Times In what could hobble the government's plans to give Aadhar a key role in banking and a central pin of the direct Cash transfer scheme, several state-run banks have refused to bear any liability for transactions done with customers that were authenticated through the unique identity (UID) mechanism. Banks and the Reserve Bank of India (RBI) had been convinced by the finance ministry to use Aadhar to fulfill the...
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