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Concern over bail-in -Jayanta Roy Chowdhury

-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...

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UIDAI orders probe against Bharti Airtel -Pankaj Doval

-The Times of India NEW DELHI: Authority of India (UIDAI) has ordered an investigation against Bharti Airtel for alleged violations of the Aadhaar Act and is threatening to slap a financial penalty for opening Airtel Payments Bank accounts of customers surreptitiously while carrying out Aadhaar verification of their mobile numbers. The probe against the company was ordered after complaints of prima facie violations were found to be valid, sources told TOI. "The...

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HC questions Centre on disabled's Aadhaar woes

-The Times of India KOLKATA: The pleas of a mother of a 27-year-old with cerebral palsy, who failed to get Aadhaar-registered despite three attempts because of his physical disability, prompted the Calcutta high court on Thursday to ask the central government one simple question: why were people, including those with serious disability, being forced to knock on the judiciary's doors to get themselves on the Aadhaar platform? Sanat Maitra has 83 per...

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India's not-yet digital postmen -Osama Manzar

-Livemint.com While all of the post offices in India are supposed to have internet (and be digitized by the end of the year), internet connectivity is non-functional at several units Last month I read an interesting article about India’s postmen. It talked about the changing duties of postmen and the changing role of post offices. By the end of the article I was thinking of a scenario where our close to 2...

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Aadhaar mandatory for PPF, NSC, Kisan Vikas Patra

-The Hindu Existing subscribers have time till December 31, 2017 to link their Aadhaar The Union government has made linking Aadhaar mandatory for the Public Provident Fund (PPF), the National Savings Certificates (NSC) and the Kisan Vikas Patra (KVP). In a series of four notifications, the government said the existing subscribers have time till December 31, 2017 to link their Aadhaar. "Provided further that every depositor under this scheme who has not given his...

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