The finance ministry may have amended the Prevention of Money Laundering Rules, 2005, to notify Aadhaar as adequate to meet KYC norms for opening bank accounts, putting it alongside other identity proofs, but banks are still confused Is a unique ID number or Aadhaar number issued by the Unique Identification Authority of India (UIDAI) enough to satisfy the so-called know-your-customer (KYC) norms that banks have to ensure every account they open...

It will be offered as National Health Package for all common conditions Strongly recommending a re-configuration of the entire health system where the government will have a major role to play, a high level expert group on Universal Health Coverage (UHC) has proposed making health care an entitlement to every citizen. The group suggested that health care be offered as a National Health Package (NHP) covering all common conditions and high-impact health...

-PTI   One in six Americans are now living below poverty line, the Census Bureau said in a report, reflecting the adverse impact of economic crisis on common man. “The nation’s official poverty rate in 2010 was 15.1 per cent, up from 14.3 per cent in 2009 — the third consecutive annual increase in the poverty rate,” Census Bureau said in its report. “There were 46.2 million people in poverty in 2010, up from...

-The Hindu   Planning Commission allocation will see significant rise The K. Srinath Reddy Committee of Experts, appointed by the Prime Minister to suggest universal health insurance coverage, is expected to submit its report by month-end, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Friday. At the same time, the Commission would ensure that allocation for the health sector was significantly increased in the 12th Plan, he said. During the 11th Plan, the...

Ankaji Bhai Gangar, a 49-year-old subsistence farmer, stood in line in this remote village until, for the first time in his life, he squinted into the soft glow of a computer screen. His name, year of birth and address were recorded. A worker guided Mr. Gangar’s rough fingers to the glowing green surface of a scanner to record his fingerprints. He peered into an iris scanner shaped like binoculars that...