-Deccan Herald Bangalore: The Employees’ Provident Fund Organisation has requested the employers to furnish the aadhaar numbers of their existing PF subscribers to embed the information in the bank accounts of beneficiaries.   The schemes of the EPFO involving transfer of benefits to beneficiaries have been identified for implementation of direct cash transfers from January 1, 2013. The Organisation has asked the employers to maintain the information in excel format till the...

-PTI Project will help strengthen anti-money laundering steps, combat terror financing, says inter-governmental body Paris: India’s Aadhar programme has been praised by the FATF here which said the initiative will not only ensure “financial inclusion” for its teeming population but also tighten anti-money laundering measures in the country. “If successfully implemented, it (Aadhar project) would be the first biometrically verified unique ID implemented on a national scale and would provide the ‘identity...

-PTI Nearly 11 lakh poor people have benefitted from the Direct Benefit Transfer Scheme, which began on January 1, 2013 and will be rolled out throughout the country, Finance Minister P Chidambaram said during his Budget speech in the Lok Sabha. He said the "Aapka paisa aapke haath" concept has brought happiness to the poor who have received the benefits directly into their bank accounts. He said the government was determined to...

-Live Mint Concerns raised over the efficiency of banking networks and on-the-ground preparations for the scheme A section of the Sonia Gandhi -led National Advisory Council (NAC) is not happy with the government “rushing into” the direct benefit transfer (DBT) scheme, expected to be the flagship programme of the ruling Congress party in the national election scheduled for next year. At a meeting of the NAC on Tuesday, where Unique Identification Authority of...

-The Hindu ‘Wilful negligence’ by public servants should be defined better in 24-year-old law Dedicated fast track courts to try offences under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act should be set up, the Sonia Gandhi-led National Advisory Council recommended on Tuesday, even as it suggested that “wilful negligence” by public servants be better defined in the 24-year-old law. The NAC would like the Rules to the Act amended to...