The finance ministry may have amended the Prevention of Money Laundering Rules, 2005, to notify Aadhaar as adequate to meet KYC norms for opening bank accounts, putting it alongside other identity proofs, but banks are still confused Is a unique ID number or Aadhaar number issued by the Unique Identification Authority of India (UIDAI) enough to satisfy the so-called know-your-customer (KYC) norms that banks have to ensure every account they open...
More »SEARCH RESULT
'Person seeking RTI info a consumer'
-The Times of India In a decision, perhaps first in the region following the implementation of Right to Information (RTI) Act 2005, a consumer court in Mohali has held that a person seeking information under the RTI Act is a "consumer" and the department delaying information can be held liable for "deficiency in service" under the Consumer Protection Act. The decision was pronounced on Wednesday by the district consumer forum, Mohali,...
More »Agriculture in ruins by Devinder Sharma
Degraded soils, depleting groundwater, and chemical pesticides are playing havoc, placing agriculture in terrible distress. I haven’t forgotten that night. Sitting with a group of farmers in a village in Ludhiana district in Punjab, at the height of the Green Revolution, a farmer showed me a bag of fertiliser that he brought from the market. “Why are you showing me this bag”, I asked. “Wait”, he said, and began to open the...
More »Land Bill in Lok Sabha; proposes compensation payment within 3 months by Shishir Sinha
The Government has a proposed timeline for the award of compensation under the Land Acquisition and Rehabilitation and Resettlement Bill. This timeline was not in the draft of the Bill posted on the Government's Web site on July 29 for comments from stakeholders and the public. After these responses and consultation with the stakeholders, seven changes have been made, the Rural Development Minister, Mr Jairam Ramesh, said. The Minister said that the...
More »Mamata joins Oppn in criticising Communal Violence Bill, government says can re-draft
-The Indian Express With UPA constituent Trinamool Congress today joining the Opposition in critising the Communal Violence Bill, the Union government said that the legislation as drafted by the National Advisory Council (NAC) was not final. West Bengal Chief Minister Mamata Banerjee was among the eight CMs who stayed away from the National Integration Council (NIC) meeting held in Delhi today, with communal violence on its agenda. Narendra Modi (Gujarat), Nitish Kumar...
More »