-Live Mint ‘Give me any job... but please take me out of this hell', says 57-year-old Saraswati, a manual scavenger New Delhi: Saraswati doesn't remember the last time her bare hands touched the statues of the gods lying on a shaky wooden plank in a corner of her one-room house in Farrukhnagar village of Ghaziabad district. She doesn't remember the last time she prayed or fasted. She says every part of her body...
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Aadhaar, fingerprint scan enough to open Bank Account-Mayur Shetty
-The Times of India MUMBAI: A few weeks after RBI governor Raghuram Rajan stressed on building credit histories of individuals based on the Aadhaar number, one bank has introduced unique identity-based eKYC for opening loan and savings accounts. Axis Bank, which is using payment company Visa's network to access Aadhaar database , will introduce the eKYC facility in around 25 branches next week. The branches will open loan and deposit accounts based...
More »Rajan panel wasn't unanimous in framing underdevelopment index
-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...
More »No drinking water, electricity and sanitation in 20% of rural houses: Report
-The Times of India One in five rural households has none of three basic facilities - drinking water, electricity and sanitation - while only about 18% have access to all three. The India Rural Development Report 2012-13 released by Jairam Ramesh on Thursday also shows that while rural poverty has reduced significantly from over 40% to just 26%, there is large variation in poverty reduction between regions, districts and social classes...
More »Will court ruling on Aadhaar impact Karanata DBT schemes? -Deepa Kurup
-The Hindu Aadhaar is mandatory for 28 welfare schemes in three districts The Supreme Court decree that ruled out making an Aadhaar number mandatory for delivery of government services, puts a spoke in the wheel of several ambitious plans announced by several departments of the State government to link crucial services to Aadhaar. These plans range from Direct Benefit Transfer scheme for kerosene and LPG subsidies to using the number to weed out...
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