-Forbes India A look at the crucial issues involved Over the past three years, India has vigorously debated the merits of having a Unique Identity (UID) number for each citizen and, allied with it, the move towards direct cash transfers (DCT) of subsidies (like food, fuel and fertilizer) and social security endowments, like pensions and scholarships. On January 1, India took its first steps towards UID-enabled direct cash transfers. But the move has...
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Whiff of scam in soon-to-be-rolled out UPA's game-changer cash transfer scheme -Nitin Sethi
-The Times of India UPA-II's flagship direct cash transfer scheme has run into rough weather following warnings of a potential scam in the making, and evoking concerns of serious delays. Government functionaries have raised the red flag about how cash would be finally disbursed to beneficiaries and whether the National Population Register (NPR) would come into play in some states instead of the Unique Identification (UID) number to identify the end-users. Senior...
More »Weeks to go for direct cash transfers, fresh look at Aadhar registration target-Deepu Sebastian Edmond
-The Indian Express Two weeks before the direct cash transfer is unveiled in 43 districts, a partial list available with The Indian Express reveals generation of Aadhaar numbers has been erratic till November 30. Faced with low registration in some states, the Unique Identification Authority of India (UIDAI) has reportedly asked the state governments to focus on enrolling only those who will benefit from the 34 schemes covered under the direct...
More »Ram Sewak Sharma, Director General of UIDAI interviewed by Pratap Vikram Singh
-Governance Now An alumnus of IIT Kanpur, Ram Sewak Sharma is a 1978 batch Indian administrative service officer belonging to Jharkhand cadre. Sharma is praised for laying down IT infrastructure in Jharkhand. In his role as the director general of unique identification authority of India (UIDAI) Sharma is chauffeuring ‘Aadhaar-enabled service delivery’ which would result in saving huge financial resources to the public exchequer. In an interview with Pratap Vikram Singh,...
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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