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Government makes Aadhaar must for bank a/cs, high value transactions

-The Times of India NEW DELHI: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...

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...and one Aadhaar to rule them all -Nikhil Dey

-Deccan Herald The last fig leaf of ‘voluntariness’ in Aadhaar dropped when the Lok Sabha passed the Finance Bill 2017 on March 22. The Finance Bill should never have been able to change Aadhaar, but we must remember that it was the same “money bill route” that gave birth to the Aadhaar Act a year ago. Classifying Aadhaar as a money bill was a brazen, unconstitutional and undemocratic strategy used to take...

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Swim against funding tide -Charu Sudan Kasturi

-The Telegraph New Delhi: A clutch of legal amendments the Narendra Modi government has introduced to allow corporate political donors to mask their contributions drags the world's largest democracy against global currents of rising transparency in electoral funding, analysts and activists have warned. From Brazil to Bangladesh, and Croatia to Cyprus, countries of diverse sizes and varied histories with democracy have over the past decade adopted laws and rules aimed at making...

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0.5% tragedy and DeMo confession

-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...

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The majority at the margins -Jayati Ghosh

-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

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