-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

-The Indian Express Six months on, there appears little justification for demonetisation in theories of politics, governance. Demonetisation has been evaluated through multiple dimensions — political, economic, constitutional, legal — and the role of the institutions involved. However, what were the philosophical underpinnings for “the most sweeping change in currency policy that has occurred anywhere in the world in decades”? One might think demonetisation was from the utilitarian school (given the rhetoric around...

-The Times of India JAIPUR: Across the country, payments worth Rs 9,124 crore are yet to be paid for work done in the 2016-17 financial year under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This comes at a time when Prime Minister Narendra Modi has created incentive schemes for rewarding those using the digital payment platform. Only days ago, 20-year-old Maharashtra student Shradha Mengshette was surprised to win Rs1...

-Frontline.in The Aadhaar project’s headlong push towards “total” enrolment of Indian citizens threatens the privacy of individuals on an unprecedented scale, while its patchy biometric system acts as a tool of denial for the most vulnerable. Meanwhile, the UID chugs along, regardless, fuelled by the avarice of private interests who seek to cash in on citizen data. IN the last seven years, the right to privacy of Indian citizens has been...

-DNA The political funding reforms are an embarrassment to India’s claims of heralding a transparency revolution Following Prime Minister Narendra Modi’s demonetization drive and his expressed desire to bring transparency in political funding, there were expectations of more concrete measures to cleanse the Augean stables of Indian politics. The government responded quickly, albeit through the Finance Bill. For the first time, the Union Budget 2017 devoted a full section (420...