-The Telegraph The Unique Identification Authority of India (UIDAI) today unveiled three services that will help people authenticate their identity anytime, anywhere by just using their Aadhaar number instead of the card. The iris-based authentication, OTP (one-time password) and e-KYC (know your customer) services will ensure Aadhaar cardholders don't have to carry address or identity proofs to get a phone or cooking gas connection. Service providers like banks or telecom firms merely...
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Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
More »UPA 2 tenure sees most Parliament disruptions -Prasad Nichenametla
-The Hindustan Times As the country enters the election year, the UPA government has its task cut out in the form of legislative commitments which are looking increasingly difficult to fulfil. As many as 115 bills (excluding the finance bill) are pending before Parliament. Among these are the land acquisition and food security bills that for obvious reasons are high on the Congress-led coalition's social agenda in a poll year. Ninety-three of...
More »Aadhaar putting India’s poorest on the map-Clive Crook
-Bloomberg In all likelihood, Nandan Nilekani's Aadhaar will lead the world. Exactly where it will lead, we'll find out People who grew up in Britain in the 1960s will remember a television programme that built a cult following: The Prisoner. It was about an oddly luxurious detention camp-a kind of Guantanamo Bay by Four Seasons, spa services and brainwashing included. Even if you wanted to, trying to escape was pointless. A...
More »Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
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