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Use Aadhaar and EMV both for retail payments

-The Economic Times An RBI-appointed panel of bankers will decide on the appropriate technology for retail payments in a month. And the choice is reportedly between Aadhaar, the biometric-based unique identity system, and EMV, a globally accepted technology standard for credit card, debit card and ATM transactions, used by Visa and MasterCard. This is baffling. Why should it be one technology standard or the other? Both Aadhaar and EMV should co-exist...

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Lessons from Brazil’s Zero Hunger-Anurodh Lalit J

-The Hindu As India's parliamentarians continue to disrupt Parliament or the so-called "Temple of Democracy", the much anticipated National Food Security Bill (NFSB) has been put on the back burner. Consequently, millions of Indian will continue to sleep on empty stomach, tossing and turning all night dreaming for the day when eating food will not be a luxury anymore. Ironically, India presents a unique case of a country that, on the...

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498 Indians hold offshore A/Cs in tax havens

-The Times of India NEW DELHI: A database of one lakh offshore entities in tax havens owned by, among others, 498 Indians with addresses in upscale enclaves in major cities, generated a huge buzz on Saturday with agencies expected to try and decipher the disclosures. The last tranche of disclosures came out in April, among them were names of industrialists Vijay Mallya and Ravikant Ruia and Congress MP Vivekanand Gaddam, although nothing...

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Elderly have much to fear from their children

-The Times of India NEW DELHI: Almost one-fifth of elders surveyed in Delhi have complained of abuse, says the latest data released by an NGO. The capital has the third highest rate of abuse after Hyderabad and Kolkata among five Tier-I cities that were surveyed. The HelpAge India report 'Elder Abuse in India 2013' that has covered 6,748 elders across 24 cities found another also found another unique trend in Delhi. While...

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Six people who pulled strategic levers to open up political parties' finances -Soma Banerjee

-The Economic Times If India is now debating opening the books and operations of political parties to the public, it's because of these six people who pulled strategic levers and applied relentless pressure. Soma Banerjee traces a four-year effort that converted intent to action Balwant Singh Khera, a politician from Hoshiarpur in Punjab, is not a name that will strike a chord in mainstream politics or social discourse today. It might in...

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