-The Times of India   The government is set to accept the Sonia Gandhi-led National Advisory Council's recommendation to cover 75% rural and 50% urban population under a food security law, but wants to keep the percentages outside the language of the Act itself. UPA-2 is inclined to set the percentage of population covered in a notification or schedule accompanying the Act so that it can be revised by executive order...

Certain provisions in the rules notified under the IT Act cause concern about the security of sensitive personal information. ON April 11, the Union Ministry of Communications and Information Technology notified new rules under the Information Technology Act, 2000, to regulate the use of the Internet. This led to widespread apprehensions that the government and private persons might gain free access to sensitive personal information concerning Internet users. The government, however,...

Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...

In yet another step towards modernising India's postal services, Union Communications and Information Technology Minister Kapil Sibal on Wednesday launched ‘e-post office,' the e-commerce portal of India Post that will provide various postal services online. ‘Transact anytime' “Earlier, consumers used to go to service providers but now services providers are going to consumers… this is the future of the 21st century. The portal will enable customers to transact postal business anytime and...

MasterCard Worldwide, a leading global payments company, today said it has developed a payment solution for ‘Aadhaar’. ‘Aadhaar’ is a 12-digit Unique Identification Number (UID) that captures basic demographic and biometric information of Indian residents. The UID will make it possible for residents to establish their identity with financial institutions thereby providing them a gateway into the formal banking system. This payment solution will enable Aadhaar holders to perform payment...