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A lot rests on Aadhaar for govt -Ruhi Tewari

-The Indian Express The Supreme Court order restricting authorities from denying a benefit or service to any citizen of India for not having an Aadhaar card has put the Congress-led government, which had made Aadhaar the basis of its ambitious and overarching Direct Benefits Transfer (DBT) scheme, in a tight spot. The idea behind linking DBT - which aims at eliminating middlemen and plugging leakages in schemes - to Aadhaar was sound,...

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Aadhaar, fingerprint scan enough to open bank account-Mayur Shetty

-The Times of India MUMBAI: A few weeks after RBI governor Raghuram Rajan stressed on building credit histories of individuals based on the Aadhaar number, one bank has introduced unique identity-based eKYC for opening loan and savings accounts. Axis Bank, which is using payment company Visa's network to access Aadhaar database , will introduce the eKYC facility in around 25 branches next week. The branches will open loan and deposit accounts based...

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Rajan panel wasn't unanimous in framing underdevelopment index

-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...

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Will court ruling on Aadhaar impact Karanata DBT schemes? -Deepa Kurup

-The Hindu Aadhaar is mandatory for 28 welfare schemes in three districts The Supreme Court decree that ruled out making an Aadhaar number mandatory for delivery of government services, puts a spoke in the wheel of several ambitious plans announced by several departments of the State government to link crucial services to Aadhaar. These plans range from Direct Benefit Transfer scheme for kerosene and LPG subsidies to using the number to weed out...

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Aadhaar should not be mandatory, Cong says

-The Times of India NEW DELHI: Congress said Aadhaar should not be mandatory till its penetration reaches a satisfactory level, aligning itself with the Supreme Court which on Monday said unique identification number could not be the pre-requisite for providing government services. It said Aadhaar was facing teething problems in many states and its issuance had not reached a stage where it could be used as testimonial for identity. "Congress will go by...

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