As #DigitalPayments and privatization of cash becomes mainstream - MINT gets eroded. #Cash #SPIMCL

Cherapally's loss is Gachibowli's gain.
Gachibowli's gain - as seen on a 5GB
Its been hard last 4 years seeing the privatization of cash and going to be harder decade coming up to see privatization of bus networks across the country. Stay strong and Keep the fight up
Both 49M/250 as well as 5GB pass through #IDRBT which used to be previous' era technology arm of bank-tech in India.

@NPCI_NPCI, @ICICIBank Datacenters are connected by 11W that goes to Waverock -and 194H services Amazon datacenter. #FinancialDistrict #Gachibowli

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More from @logic

24 Nov
Lets look how #FASTag is well coordinated for a single agenda - sale of public funded highways to global finance and select interests (who may/may not fund electoral bonds).

Also, a side look on how Federalism is being eaten for breakfast by @CMOTamilNadu #Loot #Alert #Thread
If you own a car / transport business, #FASTag would have been the new #Aadhaar for you with incessant messages / deadlines for mandatory #FASTag et al.

There is lot more to #FASTag than just convinience - Read thewire.in/political-econ…

Infrastructure financing, Surveillance etc
The 25 odd years of highway development in India, has seen many different models.

The age old one being - state (Central / State govt) building (and maintaining) highways with its own money from its budget. This is called 'Publicly Funded Highways'
Read 17 tweets
9 Nov
Yet another gem from @dlai_india

And this is how beautifully self regulation works in India. Yet wonks will advocate SROs
Do you share contacts from phone to recovery agents to do this ? We need answers @dlai_india

Creating #Whatsapp group and adding all contacts to intimate default.

Read 9 tweets
9 Nov
If only, you don't take away agency in the first place, you don't need to think of restoring agency.
But who made ID linking to school mandatory @SocietalPlatfrm ?
Who met @WorldBank on 13 Oct 2018 ?
Read 7 tweets
9 Nov
What business media covering payments will never tell you about - Is @PayTM - a third party app or not.

Why is this important ? - Because I see, @PayTM being the biggest beneficiary of the recent @NPCI_NPCI circular on #UPI cap
According to @NPCI_NPCI website - PayTM app is by @PaytmBank
According to @RBI webiste, @PayTM transferred its wallet operations from One 97 Communications Limited to @PaytmBank
Read 7 tweets
17 May
#ReadingSession - #Thread on "Report of the Task Force on an IT Strategy for PDS and an implementable solution for the direct transfer of subsidy for Food and Kerosene" - Oct 2011 aka #NandanPDSTaskForce which first mooted the idea of #PDSN. It is important to understand #ONORC
The report is here - dea.gov.in/sites/default/…

Before dwelling in - Note the title - Czar didn't like 'commitees' and hence called whatever he was part of, as - task force - Though no task was done!
Members of committee - All ex-officio secretaries, except 2 from the illegal executive body UIDAI. This was basically done by "#Aadhaar lobby".

May 2020 - theprint.in/economy/modi-g… - Nandan funded media calling 'Anti Aadhaar lobby' in NAC stalled it in UPA era.
Read 35 tweets
31 Mar
In the light on #PMCARES fund, it is important to know / understand how is #PMNRF governed before choosing it as alternative.

There was a case in Delhi HC on applicability of RTI to #PMNRF and the arguments are so revealing about the governance #Thread
The petition asked details about institutional donors (This can then be mapped / linked to lobbying fund / political lobbying)

The contestant - #PMNRF replied -- It is a *private* fund
#PMNRF - No questions in parliament, private fund, no RTI, no CAG audit -- Submissions made by PMNRF in Delhi HC
Read 8 tweets

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