-The Indian Express Exclusion and denial of benefits to the poor needs urgent attention The news last month of the starvation death of an 11-year-old girl in the Simdega district in Jharkhand, allegedly because of denial of PDS ration due to Aadhaar linking problems, is appalling. The Aadhaar ecosystem definitely needs to pass a stringent welfare test much more crucially than the privacy test. Aadhaar undeniably has potential, and can perhaps even be...
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Supreme Court refuses interim stay on linking Aadhaar to Bank a/c, mobile nos; leaves it for Constitution bench to decide -Amit Anand Choudhary
-The Times of India NEW DELHI: The Supreme Court (SC) on Friday refused to pass an interim order staying the linking of Aadhaar with mobile numbers and Bank accounts, saying that it is leaving the issue to be decided on by a Constitution bench in the last week of November. At the same time though, the top court chastised Banks and mobile telephone companies for creating panic by sending customers messages saying...
More »One year after demonetisation: Credit card use up but balance due surges by 39 per cent -George Mathew
-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...
More »'Workers get more pay, fewer days off in Delhi than Mumbai' -Sidhartha
-The Times of India Working in Delhi is more remunerative than Mumbai but you may have to do with fewer days off than in the country's financial capital. But if you are an employer, you may prefer to be in Mumbai, not because of lower wages, but due to value added by workers being higher than the wage. The World Bank's Ease of Doing Business report released on Tuesday shows that a...
More »World Bank's False Praise Pleases Besieged Modi -Subodh Varma
-Newsclick.in A World Bank study ignores slumping economy and raging joblessness to praise ‘reforms’. A charming little bromance seems to be brewing between the World Bank and India’s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of “reforms”. The latest is the so called “Doing Business” report of the World Bank which lavishes praise on the Modi govt. for making it easier to do...
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