uid

When I opposed Aadhaar in 2010 , I was called a BJP stooge. In 2016 I am still opposing Aadhaar for the same reasons and I am told I am a Congress die hard. No one wants to see why I oppose Aadhaar as it is too difficult. Plus Aadhaar is FREE so why not get one ? Ram Krishnaswamy

First they ignore you, then they laugh at you, then they fight you, then you win. -Mahatma Gandhi

In matters of conscience, the law of the majority has no place. Mahatma Gandhi

“The invasion of privacy is of no consequence because privacy is not a fundamental right and has no meaning under Article 21. The right to privacy is not a guaranteed under the constitution, because privacy is not a fundamental right.” Article 21 of the Indian constitution refers to the right to life and liberty -Attorney General Mukul Rohatgi

“There is merit in the complaints. You are unwittingly allowing snooping, harassment and commercial exploitation. The information about an individual obtained by the UIDAI while issuing an Aadhaar card shall not be used for any other purpose, save as above, except as may be directed by a court for the purpose of criminal investigation.” -A three judge bench headed by Justice J Chelameswar said in an interim order.

Legal scholar Usha Ramanathan describes UID as an inverse of sunshine laws like the Right to Information. While the RTI makes the state transparent to the citizen, the UID does the inverse: it makes the citizen transparent to the state, she says.

Good idea gone bad
I have written earlier that UID/Aadhaar was a poorly designed, unreliable and expensive solution to the really good idea of providing national identification for over a billion Indians. My petition contends that UID in its current form violates the right to privacy of a citizen, guaranteed under Article 21 of the Constitution. This is because sensitive biometric and demographic information of citizens are with enrolment agencies, registrars and sub-registrars who have no legal liability for any misuse of this data. This petition has opened up the larger discussion on privacy rights for Indians. The current Article 21 interpretation by the Supreme Court was done decades ago, before the advent of internet and today’s technology and all the new privacy challenges that have arisen as a consequence.
Rajeev Chandrasekhar, MP Rajya Sabha

“What is Aadhaar? There is enormous confusion. That Aadhaar will identify people who are entitled for subsidy. No. Aadhaar doesn’t determine who is eligible and who isn’t,” Jairam Ramesh

But Aadhaar has been mythologised during the previous government by its creators into some technology super force that will transform governance in a miraculous manner. I even read an article recently that compared Aadhaar to some revolution and quoted a 1930s historian, Will Durant. Rajeev Chandrasekhar, Rajya Sabha MP

“I know you will say that it is not mandatory. But, it is compulsorily mandatorily voluntary,” Jairam Ramesh, Rajya Saba April 2017


Special

Here is what the Parliament Standing Committee on Finance, which examined the draft N I A Bill said.

1. There is no feasibility study of the project]

2. The project was approved in haste

3. The system has far-reaching consequences for national security

4. The project is directionless with no clarity of purpose

5. It is built on unreliable and untested technology

6. The exercise becomes futile in case the project does not continue beyond the present number of 200 million enrolments

7. There is lack of coordination and difference of views between various departments and ministries of government on the project

Quotes

What was said before the elections:

NPR & UID aiding Aliens – Narendra Modi

"I don't agree to Nandan Nilekeni and his madcap (UID) scheme which he is trying to promote," Senior BJP Leader Yashwant Sinha, Sept 2012

"All we have to show for the hundreds of thousands of crore spent on Aadhar is a Congress ticket for Nilekani" Yashwant Sinha.(27/02/2014)

TV Mohandas Pai, former chief financial officer and head of human resources, tweeted: "selling his soul for power; made his money in the company wedded to meritocracy." Money Life Article

Nilekani’s reporting structure is unprecedented in history; he reports directly to the Prime Minister, thus bypassing all checks and balances in government - Home Minister Chidambaram

To refer to Aadhaar as an anti corruption tool despite overwhelming evidence to the contrary is mystifying. That it is now officially a Rs.50,000 Crores solution searching for an explanation is also without any doubt. -- Statement by Rajeev Chandrasekhar, MP & Member, Standing Committee on Finance

Finance minister P Chidambaram’s statement, in an exit interview to this newspaper, that Aadhaar needs to be re-thought completely is probably the last nail in its coffin. :-) Financial Express

The Rural Development Ministry headed by Jairam Ramesh created a road Block and refused to make Aadhaar mandatory for making wage payment to people enrolled under the world’s largest social security scheme NRGA unless all residents are covered.


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Friday, January 8, 2016

9215 - FinTech firms say RBI's competition to build tech innovations will disrupt industry - Business Standard


The move is being welcomed by startups and experts who see it as a way for startups and specialised financial technology firms to be recognised

Alnoor Peermohamed  |  Bengaluru 
December 24, 2015 Last Updated at 19:04 IST

The Reserve Bank of India (RBI) has launched a contest to find innovative technology solutions to prevent financial fraud, reduce cost of transactions and develop e-payment infrastructure in India. The move is being welcomed by startups and experts who see it as a way for startups and specialised financial technology firms to be recognised and included in the growing FinTech wave.

The contest, which will be organised by the Institute for Development and Research in Banking Technology (IDRBT), the technology arm of the RBI, will allow for participation of individuals, groups and startups in the space.

"I think it's a very good idea to do that. The central bank and regulator when they show interest in innovation in the FinTech space, it sends the right message that they want innovative solutions in financial services and banking and that's a very good message to send out to companies," Srikanth Nadhamuni, chairman of Novopay, a mobile payment firm that uses Aadhaar for paperless authentication.

India's banking system is undergoing a transformation due to government's focus to bring into fold the unbanked masses using mobile phones and Aadhaar, the unique identification programme for authenticating transactions. Since its launch, banks have enrolled 196 million people with zero balance accounts under the Jan Dhan Yojana. Infosys co-founder and former UIDAI chairman Nandan Nilekani has said that a "WhatsApp moment" is coming in India's banking sector due to the massive use of mobile and policies by the government. RBI has issued new licenses to 10 small banks and 11 payment banks that would use technology to disrupt banking.

While there are certain popular areas of innovation the RBI highlights, it is keeping the competition open to entrepreneurs building financial tech solutions for end-users, banks, payment service providers and other financial sector participants.
"The Reserve Bank acknowledges the role of innovations in developing a payment system which is affordable, interoperable, inclusive and secure," said the regulator in a statement.
Rajeev Yadav, Group CEO of Fincare, a company that recently received its small finance bank license, deems the move as a phenomenal one. "When we see RBI today, through various actions it's taking, through differentiated bank licenses and other things, it's clearly in the frame of helping financial innovation happen, albeit regulated, but with a very clear line of sight," he added.

Startups and others taking part in the contest will not only be rewarded with citations and a small cash prize, but will also be given a chance to pitch their ideas to industry representatives. The entries for the contest will be evaluated by a panel of financial experts.

"There is a lot of innovation opportunities in the financial, banking space at a technology level, at a business model level and I think it's very clear in India that everybody recognises that only technology can help scale these services," said Sanjay Swamy, partner at venture firm AngelPrime.

Nadhamuni of Novopay says that the move would encourage smaller firms to innovate and disrupt the fintech space. "It also encourages small companies to take part in that sector. Often there are large companies and large banks or established companies that innovate, but when they do something like this, it encourages small companies to participate," he said.