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Use of Aadhaar to Help in Financial Inclusion: Raghuram Rajan RBI Governor Raghuram Rajan today welcomed Supreme Court ruling on use of Aadhaar card in more schemes and said it will help in financial inclusion drive and providing easy access to loans. "The Supreme Court ruling today on Aadhaar card will be quite helpful, making us use it in banking services. It will make easier for financial inclusion," Mr Rajan told reporters after the central bank's board meeting in Aizawl. With an UIDAI number, a person will be able to open a bank account as it will work as an identification document and will help in easier access to loans, he added. "UID will ensure that people will not get multiple loans from different places. We can make sure that it does not happen. This is an example on how we can make more lending possible," said Mr Rajan, who was in the city for RBI's 554th Board Meeting. The Supreme Court today permitted voluntary use of Aadhaar card for sc

Parliament Standing Committee Seeks Legal Status for Aadhaar NEW DELHI:   The government has been asked by the Parliamentary Standing Committee on Finance to provide a statutory backing to Aadhaar at the earliest and take immediate steps to address issues pertaining to the project. "The committee, therefore, once again reiterates that the government should immediately address the key issues relating to UIDAI and initiate measures for early legislation on the subject," said the panel headed by senior Congress leader and former union minister M Veerappa Moily. It noted that the reply of the Planning Ministry on the pending legislation on UIDAI has been repetitive. In its reply to the panel, the Planning Ministry said, "In view of the recent steps taken by the government to universalise Aadhaar enrolments and to utilise it for several service delivery initiatives, the government recognises that there is an urgent requirement to pass the bill. Further steps, tha

Government Considering Aadhaar Cards For NRIs: Sushma Swaraj NEW DELHI:   The government is considering giving Aadhaar cards to Non-Resident Indians and a decision on it will be taken soon, External Affairs Minister Sushma Swaraj said today while inviting the Indians living in abroad to actively participate in the country's growth. In her address to the first limited edition of Pravasi Bhartiya Divas, Ms Swaraj said it has been decided that women workers will be allowed to go to Gulf countries for employment only through government agencies to ensure they are not duped by recruiting agents or firms. The event, webcast by almost all Indian Missions and Posts, was organised for the first time by External Affairs Ministry (MEA) after the government's decision to merge Ministry of Overseas Indian Affairs (MOIA) with it. Earlier MOIA used to host the event. January 9 was chosen as the day for PBD as it was on this day in 1915 that Mahatma Gandhi, the "greatest Pravas

New Delhi : Technology giant Microsoft today said it has been working on a pilot to link Skype with the Aadhar database to explore if the identification service can be used on video calls, including those with government institutions.  The US-based software giant said it is very enthusiastic and has "embraced the universal ID system".  "We have been pursuing work, initially on a pilot basis, but it will continue to grow, to use that specific technology and integrate it into Skype," Microsoft President and Chief Legal Officer Brad Smith told reporters here.  Citing an example, Smith said he expects Skype to evolve in a way that will enable somebody at home to authenticate themselves using that ID system with a fingerprint or an iris scan.  "(The person can) then communicate with someone on the other end, who might for example, work for a government agency and the government agency will know that person is who he or she says they are," he added.  Smith

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