The Parliamentary Standing Committee on Finance finds the UID project to be “conceptualised with no clarity” and “directionless”. THE Parliamentary Standing Committee on Finance has dealt a body blow to the Unique Identification (UID) project. The Unique Identification Authority of India (UIDAI) was set up under the Planning Commission by an executive order on January 28, 2009. The scheme involves the collection of demographic and biometric information to issue ID numbers to...
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Off target by TK Rajalakshmi
A study questions the efficacy of conditional cash transfer schemes in promoting the girl child. IN an attempt to address some of the serious imbalances in society, specifically the gender imbalance, the Central and State governments have embarked on several short-term conditional cash transfer (CCT) schemes in the past decade and a half. While the Central government is convinced about the efficacy of the schemes aimed at arresting the distorted sex...
More »Prof. Amartya Sen, Nobel laureate in Economics, interviewed by Chandra Ranganathan
India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...
More »Government to take states on board over food security bill
-IANS Still nursing the sting of ally Trinamool Congress opposing the Lokpal Bill in the Rajya Sabha citing issues of federal autonomy, the United Progressive Alliance ( UPA) government wants to take the states into confidence on Sonia Gandhi's dream project - the National Food Security Bill, 2011. The bill was tabled in the Lok Sabha during the winter session of parliament last year and will now go to the standing committee...
More »Micro ATM launched by UIDAI for daily wagers with Aadhaar
-The Financial Express The Unique Identification Authority of India (UIADI) has launched a micro ATM device that would enable beneficiaries like MG-NREGA workers with Aadhaar to withdraw money near their doors through core banking system. "The beneficiary has to put his finger and Aadhaar number in to the micro ATM wireless device and get the money within 8 to 9 seconds from a business correspondent after verification about the beneficiary having that...
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