-Business Standard When machines don't recognise their thumb prints, Aadhaar turns into a device of exclusion Wardi Devi, a senior citizen, hails from a remote town of Rajasthan. She’s tried to enrol for the Aadhaar thrice and even paid Rs. 150 and Rs. 50 to agents while making the first two attempts. Tired of coughing out her hard earned money from her meagre wages, she refused to pay anything the third time....
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Bank leash on NGOs
-The Telegraph New Delhi: The Union home ministry has asked nearly 6,000 of the 13,000 registered NGOs in the country receiving foreign donations to open accounts in nationalised banks to facilitate constant surveillance of their activities. The NGOs have accounts in cooperative banks or state-owned banks, which do not have core-banking facilities. "To maintain surveillance on the activities of NGOs receiving foreign funds, the ministry wants all NGOs registered under the Foreign Contribution...
More »Deposit gush: CA Institute bats for special audit -KR Srivats
-The Hindu Business Line Need to assess impact of demonetisation on banks, says ICAI chief Vikamsey New Delhi: The CA Institute has urged the Finance Ministry and the Reserve Bank of India (RBI) to allow its members to undertake focused “special audit” of deposit flows into the banking system during the demonetisation period, which started on November 8 and ended on December 31 last year. There is a need to assess the demonetisation...
More »6 months of demonetisation: Cash back to being king, shortage at ATMs continues -Suchetana Ray and Mahua Venkatesh
-Hindustan Times Prominent Indian banks have claimed there is no cash crunch, but fact remains that ATMs run dry during long weekends. The crisis began in November when the Union government pulled 500 and 1000 rupee banknotes from circulation as a part of its crackdown on black money. New Delhi: It has been six months since demonetisation, but, “Is there cash in the ATM?” continues to be the most popular question...
More »In dry Kerala region, families survive on 10-15 buckets of water a week -Shaju Philip
-The Indian Express Drought for 2nd straight year leaves tribals of Attapaddy at lenders’ mercy, hits pregnant women’s health Attappady: At the sun-baked village of Nallasinka in Attappady, a frail woman is desperately scanning a pipeline that takes water to a private estate, looking for a leak that was once there. “It is five days since water reached our colony. Last week, we survived by collecting water that leaked out of this...
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