Over 60,000 people of Jharkhand are fast realising the benefits of aadhaar, having already opened bank accounts with the help of their unique numbers issued by the Nandan Nilekani-headed Unique Identification Authority of India. UIDAI started enrolments in the state last September, and already six lakh residents have their numbers with another 16 lakh waiting in the wings, having completed formalities that include recording fingerprints and retina scans. “According to latest figures...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...

Misleading data cited in a seminar paper on the situation of the minority community in the State tend to detract from the Left Front government's exceptional record on this count. Abusaleh Shariff, the Chief Economist of the National Council of Applied Economic Research, who was the Member-Secretary of the Sachar Committee, presented a paper on the socio-economic development of Muslims in West Bengal, at a seminar organised by the Institute of...

Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...