-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...
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The scholar who grew up in Mumbai's red light area- Abhishek Mande
-Rediff.com Born in Mumbai's infamous red-light district, Shweta Katti has won a scholarship to the Bard College, New York. This is her story. Shweta Katti is warming up to the media attention she's been receiving lately. She has had a long day but has agreed to meet me at a coffee shop for what must have been the nth interview she's giving in the last 48 hours. It is close to 10 in...
More »Get Aadhaar to obtain PAN card now
-PTI The Unique Identification (UID) Aadhaar number will soon be a "valid" proof of identity and address to obtain a PAN card. A proposal for inclusion of Aadhaar in the existing list of valid proof of identification and proof of address for allotment of PAN was sent to the finance ministry by the Unique Identification Authority of India sometime back. The ministry has decided to notify rules in this regard. It is aimed...
More »Promise of paradise that didn’t come true -Ahmed Ali Fayyaz
-The Hindu The absence of a comprehensive rehabilitation policy for surrendered militants has made life hellish for those who decided to give themselves up and join the mainstream Jammu & Kashmir's first "Surrender Policy" was floated by Governor Gen. (retd.) K.V. Krishna Rao's administration in 1995. It was almost identical to the policies introduced for militants involved in the North East and Naxalite insurgencies: Rs.1.5 lakh worth of fixed deposit receipts payable...
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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