-The Hindu The credibility that Narendra Modi has acquired among many Hindu voters over the years is for what his government oversaw in 2002; not for engineering a spectacular model of economic development There is little doubt that the Bharatiya Janata Party (BJP) will be back in power in Gujarat in the next fortnight. A vote in favour of the Congress, the only longstanding rival to the BJP in the State, would...
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Rs 600/month enough to feed family of 5: Sheila Dikshit -Ambika Pandit
-The Times of India They listened to chief minister Sheila Dikshit in silence but couldn't hide their disbelief. Speaking on the occasion of the launch of Delhi government's cash-for-food programme, Annshree Yojana, on Saturday, Dikshit argued that Rs 600 - the cash subsidy - was adequate for buying the monthly "dal, roti and chawal" for a poor family of around five. UPA chairperson Sonia Gandhi was on the stage at Thyagaraja...
More »Voting with your fingertips -N Gopalaswami
-The Hindu The incorporation of the Aadhar number in the electoral rolls will help to minimise malpractices and enable more people to participate in elections Every October, the Election Commission begins the annual exercise of revising the electoral rolls with the following January 1 as the effective date. This October, there was another important news — the launching of Aadhar enabled service delivery in Dudu in Rajasthan. The EC and Aadhar can...
More »The "Aadhaar" of Direct Cash Transfer is more of assumptions, less of ground-level realities-MS Sriram
-The Economic Times On November 9, 2012, the government announced that from January 2013, 51 districts of the country would be subjected to Aadhaar- based direct cash transfers (DCT). We need some basic answers before we get to term the initiative as a game-changer. Aadhaar and the link with bank accounts: The Reserve Bank of India, initially having notified that Aadhaar number as valid for opening a bank account for know-your-customer norms,...
More »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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