today’s ET carries a story that i had written a while ago. essentially, a rising number of government agencies and private companies are moving around collecting fingerprints and iris scans. you always had the UIDAI and NPR. now, you also have different states’ PDS departments, NREGS, banks and their banking correspondent companies, post offices, pension […]
A couple of hours ago, I finally finished reading Dov Ospovat’s The Development Of Darwin’s Theory: Natural History, Natural Theology, and Natural Selection, 1838-1859. I had blogged about this book some weeks ago saying anyone reading The Origin Of Species will be struck by several paragraphs where Darwin describes painstaking experiments he carried out seeking […]
for some time now, ET has been reporting on a worrying move by the philosopher kings in the department of financial services (the offshoot of the finance ministry tasked with managing the banking sector) to overhaul the banking correspondent (BC) model. well, the auctions to appoint common BCs for all public sector banks in a […]
a red letter day. i had two stories in the paper today. the first explored a rather curious contradiction. all this time, we have been hearing that the environment ministry has been diluting environment and forest clearance processes and clearing every project that hoves into sight. at the same time, there is this insistence by […]
words fail me. it is now, sigh, 0.11%. that is what a bangalore-based company called strategic outsourcing services has bid to clinch a tender to become the common banking correspondent for all public sector banks in orissa.
the latest update on the finance ministry’s one cluster, one banking correspondent model: FINO has become the BC for chhattisgarh.
Blocks were to be given to companies that needed captive coal-mines- to feed their steel, cement, power and sponge iron plants. A lot of companies showed plants on paper – as something they were planning to set up – and they were allocated mines… The companies that got the mines are not extracting coal. They […]
about a month ago, i wrote about a controversial plan by the finance ministry to split the country into 20 clusters, and to appoint a common banking correspondent company for all public sector banks in each. to understand the attendant implications, please click here. yesterday, the second tender in this series was awarded. it went […]