-The Indian Express The process of return of the bill saw an animated debate over why it was brought as a money bill. Since it was a money Bill, it could not be rejected or amended by Rajya Sabha Hours after the Opposition, making most of the NDA’s lack of numbers in Rajya Sabha, pushed through five amendments and returned the Aadhaar Bill to Lok Sabha, the Lower House rejected the changes...
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Duplication of accounts under Jan Dhan Yojna on rise: Survey
-PTI The report noted 31% of multiple account holders (with a bank account in addition to PMJDY) are actively using alternate bank account. New Delhi: Duplication of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is on the rise while 28 per cent of accounts are lying dormant, says a survey by financial inclusion consulting firm MicroSave. According to the survey, conducted in 42 districts spread across 17 states and one union...
More »Nine issues to debate on Aadhaar Bill
-The Hindu The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016, better known as Aadhaar Bill, was introduced in Lok Sabha on March 3. The Bill intends to provide for targeted delivery of subsidies and services to individuals residing in India by assigning them unique identity numbers. Parliament is debating on the certain portions of the Bill, which may need clarification or amendments: 1. Allowing private agencies to use...
More »Aadhaar as money bill means less scrutiny, more haste -Zia Haq
-Hindustan Times New Delhi: It’s quite possible that in this Parliament session, India will make the transition from being a wasteful welfare state to a reformed economy that allocates scarce resources efficiently. The Modi government on Thursday introduced the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016. When signed into law, the bill will make Aadhaar -- the unique biometric identification number -- central to all social...
More »Who Cares About Budget? -Ajay Jakhar
-The Indian Express Central allocations for agriculture are less important than the state budgets. I took the night train to Delhi to participate in budget-day discussions and my co-passenger, who boarded the train in ravaged Punjab, asked me a simple question: “50 farmers are committing suicide everyday; will the budget end farmer suicides?” My answer was — and still is — “No.” The Union budget is just the government’s bookkeeping exercise...
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