-The Economic Times MUMBAI: Bank account holders can now send money to any individual through mobile banking by merely entering the recipient's Aadhaar number. National Payments Corporation of India, which launched Aadhaar-based remittances on Wednesday, sees its use in micro-payments such as taxi fares and small purchases. The transfers can be done using the most basic phones through SMS for small amounts or through mobile banking apps for amounts over Rs...
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Kerala takes objection to Rajan report
-The Hindu ‘Report goes against the provisions of Constitution' THIRUVANANTHAPURAM: Chief Minister Oommen Chandy will convey to the Centre Kerala's objections to the Raghuram Rajan Committee report on evolving a composite development index of States, during his visit to New Delhi on Friday. The Chief Minister, who left for New Delhi via Bangalore on Thursday, will call on ailing Defence Minister A.K. Antony, hold political discussions with the Congress high command, and meet...
More »Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari
-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....
More »Road kill: The national emergency in plain sight -Sandip Roy
-FirstPost.com It's a daily scene at the busy Gariahat crossing in Kolkata. Traffic is barreling down in all directions. Minibuses make screeching right turns at breakneck speed. The tramline in the middle of the street has been dug up and is a giant crater occupying half the road, marked by corrugated metal walls and little red flags. Taxis and autos dodge buses to try and squeeze by the construction onto a...
More »Rs 3,000cr lost as tax rebates to NGOs, trusts: CAG
-The Times of India NEW DELHI: The government has given away more than Rs 3,000 crore by way of tax exemptions to some non-deserving big charitable organizations and trusts. The revelations were made in a Comptroller and Auditor General (CAG) report which was submitted to the government for tabling in the monsoon session of Parliament but it was deferred by the government. Sources said the auditor has covered almost all big trusts and...
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