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Arun Sundararajan, Professor of Information, Operations and Management Sciences at Stern School of Business, New York University interviewed by Uttam Sengupta

-Outlook Only 30 per cent of Indian households boast of having at least one member with a ‘portable identity’ like a Passport or a Driving License. Such an identity, points out the economist from New York, is necessary for access to institutions and credit, which is why the biometric based Unique Identification (UID) project is going to be a game-changer. An alumnus of IIT, Madras,, from where he obtained a B.Tech...

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MP to blacklist sexual offenders from govt jobs

-The Times of India BHOPAL/JABALPUR: The Madhya Pradesh government is compiling a list of convicted sexual offenders to ensure that they do not get government jobs as part of a series of measures to check crimes against women in the state. A government spokesperson said a DSP rank officer will be appointed in each district to check such crimes and that charge-sheets in these cases will be filed within two weeks. There has...

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People of no fixed address-Sunil Sethi

-The Business Standard Are these people expected to return to their villages and hometowns to hang around waiting for the Unique Identification Authority of India to set up shop?  Workers returning to their jobs in metros from remote villages in Bihar and Jharkhand have lately been complaining that they are barred from boarding trains unless they show sufficient identification, including proof of residence in cities. Whether this is a run-up to the...

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RBI’s KYC guidelines: You can now open a bank account with just one document-Vivek Sharma

-MoneyLife.in The latest RBI KYC guidelines for opening new bank accounts make it a lot easier for common man as only one document would suffice as proof of identity and proof of residence   The Reserve Bank of India (RBI) has come with modifications in KYC (Know Your Customer) guidelines. These modifications have been introduced as per the circular date 10 December 2012 (RBI/2012-13/322 DBOD.AML.BC. No. 65/14.01.001/2012-13). It is important to note that...

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Trafficked maids to order: The darker side of richer India

-CNN-IBN Inside the crumbling housing estates of Shivaji Enclave, amid the boys playing cricket and housewives chatting from their balconies, winding staircases lead to places where lies a darker side to India's economic boom. Three months ago, police rescued Theresa Kerketa from one of these tiny two-roomed flats. For four years, she was kept here by a placement agency for domestic maids, in between stints as a virtual slave to Delhi's...

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