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.

August 24, 2017: The nine-judge Constitution Bench rules that right to privacy is “intrinsic to life and liberty” and is inherently protected under the various fundamental freedoms enshrined under Part III of the Indian Constitution

"Never doubt that a small group of thoughtful, committed citizens can change the World; indeed it's the only thing that ever has"

“Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.” - Edward Snowden

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.


Tuesday, May 3, 2016

9904 - Product crack: DBS Bank’s Digibank - Live Mint

Last Modified: Wed, Apr 27 2016. 07 10 PM IST

Product crack: DBS Bank’s Digibank

Any bank’s customer can use this app, but if you don’t have any bank account, then this app is not for you

Vivina Viswanathan


On Tuesday, 26 April, DBS Bank Ltd launched Digibank, a mobile app that allows you to open an e-wallet and a savings bank account without visiting a bank branch. It allows various options to complete the know your customer (KYC) process, including going to select Cafe Coffee Day outlets, to do this.
HOW DOES IT WORK?
The app can be downloaded from an app store. Any bank’s customer can use this app, but if you don’t have any bank account, then this app is not for you. Though the app offers to open a bank account, you need to have an existing banking relationship to load money. Hence, the unbanked population can’t use it. Once installed, open the app to enter details such as name, date of birth, mobile phone number and email ID. To verify these details, you will get a one-time password (OTP) on your phone, which you have to enter to start using the app.
To start using the app, you have to login with your user name and password. When you shut the app, it automatically logs you out.
You can load the e-wallet using Net banking, credit card or debit card.
There is also a virtual assistant facility that you can use to get answers to queries. For instance, we asked ‘how to load money in the wallet?’. The response: Your account can be funded using your debit card, Internet banking or by transferring funds from another bank. The bank has partnered with US-based fintech firm Kasisto for this service.
You have options such as recharge, fund your account, deals, Visa debit card, statements and certificates. Since it is a mobile banking app, to convert the e-wallet into a bank account, you need Aadhaar. For KYC compliance, you need Permanent Account Number (PAN), Aadhaar and biometric authentication. Certain Café Coffee Day outlets (in eight cities as of now) offer biometric verification service. You can also request for an agent to collect your documents. The app offers additional services such as tracking expenses and analysing purchasing trends. It also uses tokenisation, where the verification happens automatically without human interference, for verification instead of OTPs via SMS.
Once you open a savings account, you will get 7% interest rate for amounts up to Rs.1 lakh. For amounts between Rs.1 lakh and Rs.1 crore, the interest rate will be 6%, and 4% for even higher amounts. There is a Visa-enabled debit card, with which unlimited ATM cash withdrawals are allowed. This service is only for the bank account you create with DBS Bank. Also, there are no minimum balance requirements for the account. The savings account can be used to open fixed and recurring deposits as well. For fixed deposits, the interest rates are in the range of 6.25-7.2% for durations ranging from 90 days to 5 years. The same goes for recurring deposits. While the e-wallet takes about 2 minutes to open, the savings account takes about three days.
MINT MONEY TAKE
The app is in many ways similar to what other banks offer. Unlimited free ATM cash withdrawals and 7% interest on savings account is a plus, though three days to open the account is on the higher side.