-PTI/ The Hindu The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce has also expanded the scope of digital payments. Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 1,59,761;...
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A year on, mind the gaps in the pandemic response -JVR Prasada Rao and AmARTya Chowdhury
-The Hindu India needs to revisit its disease control strategy to ensure a more robust and humane response in similar crises January 30, 2021 marked one year since India detected its first case of COVID-19 — a student in Kerala who had returned from Wuhan, China. Analysing the country’s response to the novel coronavirus pandemic so far reveals a mixed bag of successes and failures along with a host of unknowns looming ahead,...
More »One nation one ombudsman: RBI to integrate consumer grievance redressal scheme
-PTI/ The Hindu The RBI is targeting to roll out the e-Integrated Ombudsman Scheme in June 2021 The Reserve Bank on Friday announced it will be integrating consumer grievances redressal under a single ombudsman as against three schemes working at present. There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present. “To make the alternate dispute redress mechanism simpler and more responsive to...
More »Jamtara turns a page with public library movement -Satyasundar Barik
-The Hindu Infamous as Jharkhand’s hub of online frauds, the tiny district now has 45 public libraries diverting youth away from cybercrime BHUBANESWAR: The library movement in Jharkhand’s Jamtara district got off to a flying stART with public libraries developed in a short span of time receiving a steady inflow of students from different age groups. Jamtara’s love for books assumes huge significance as it has the dubious distinction of being the “phishing...
More »A considered balance
-The Indian Express Finance Commission has taken a judicious approach in weighing competing needs of Centre and states The terms of reference of the 15th Finance Commission were controversial and contentious. Several state governments had raised concerns over what they saw as attempts by the Centre to claw back the fiscal space and autonomy extended to them by the 14th Finance Commission. The concerns centred not only on the vertical (between Centre...
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