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Cash is back as digital payments dip on cost -TCA Sharad Raghavan

-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

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Taking Cognisance of the Deeply Flawed System That Is Aadhaar -Shreyashi Roy

-TheWire.in Aadhaar and its many connotations have grown to be among the most burning issues on the Indian fore today, that every citizen aware of their rights should be taking note of. New Delhi: With the leak of 130 million Aadhaar numbers recently coming to light, several activists, lawyers and ordinary citizens are up in arms about what is increasingly being viewed as a government surveillance system. Keeping this in mind, on...

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Dissent and Aadhaar -Jean Dreze

-The Indian Express We have been numbed by a series of lies, myths and fictions about the project. India is at risk of becoming a surveillance state, with faint resistance from libertarians, intellectuals, political parties, the media, or the Supreme Court. Very soon, almost everyone will have an Aadhaar number, seeded in hundreds of Databases. Most of these Databases will be accessible to the government without invoking any special powers. Permanent surveillance...

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40,000 'erroneous' payments in Aadhaar-linked subsidy disbursal in Karnataka

-The Hindu ‘Banks told to re-verify and retrieve these payments if found to be erroneous’ Karnataka: The input subsidy that the State government paid to a farmer, Venkatamma, has been debited to one Vincent Rajkumar’s account. This is one of the nearly 40,000 suspected erroneous payments in the first-ever Aadhaar Enabled Payment System (AEPS) disbursal of input subsides — given as part of drought relief — to around 18 lakh farmers...

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Why Aadhaar cannot deliver anything it promises -Anupam Saraph

-The Economic Times Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Aadhaar promises to remove duplicates and ghosts from government Databases, deliver subsidies to beneficiaries, collect taxes, provide financial inclusion and eliminate corruption. Here is why it cannot deliver anything it promises. Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Promise 1: Removing Fraud and Duplicates In...

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