-The Times of India NEW DELHI: Bombarding the Supreme Court with statistics to convince it about ease of doing day-to-day activities with Aadhaar, the Centre said 118.64 crore Indians, which is 88% of the population, had obtained Aadhaar and they used it 1,216.8 crore times for authentication purposes. "As of today, the total number of Aadhaar-based authentication is 12,168,022,172. Therefore, the Indian population has used Aadhaar-based authentication over 1,216 crore times to...
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Data Removed and Data Modified: Archive Reports on Jan Dhan Yojana Website Undergo Changes - Aarthi Prakash
-Newsclick.in Crucial elements of the data on Jan Dhan Yojana have been removed from the government website. This gives rise to many questions. On 15 August 2014, Prime Minister Narendra Modi launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme with the claimed objective of nation-wide Financial inclusion. In his speech, he stated that the initiative was aimed at eradicating ‘financial untouchability’ by opening at least one bank account per household in...
More »Jan Dhan accounts keep villagers sober, slow rural inflation: Study -Surojit Gupta
-The Times of India NEW DELHI: Village residents who opened bank accounts under the Prime Minister's Jan Dhan Yojana (PMJDY) may be saving more and cutting back on their consumption of alcohol and tobacco, a study by the economic research wing of the State Bank of India (SBI) suggests. This may have also slowed inflation in rural areas. When the PMJDY programme was launched there were fears that higher circulation of money...
More »Aadhaar law will clear Constitution test, need to secure data: Arun Jaitley
-The Indian Express The Supreme Court is hearing a petition challenging making Aadhaar mandatory for availing benefits under various social welfare schemes of the government. The next hearing is in the first week of November. New Delhi: Finance Minister Arun Jaitley Wednesday said the Aadhaar law will “pass the test of constitutionality” and that it is important to build “ironwalls” to protect people’s data. He said the Aadhaar scheme announced by the...
More »DeMo was ethically flawed -A Srinivas & Sandhya Rao
-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...
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