Lets take a moment on how billionaires have publicist who seasonally write profile stories masquerading as news / opinions for years together. A thread 🧵 on @/SarithaRai articles on @/NandanNilekani

After all - If Nandan wants you to read his publicist's piece, why just one?
bbc.com/news/world-asi… 6 June 2012 - Why India's identity scheme is groundbreaking

indianexpress.com/article/opinio… March 11, 2014 - The unfinished makeover of Nandan

🗳️ #ElectionTime PR
financialexpress.com/archive/nandan… - Mar 25 2014 - Nandan Nilekani's Lok Sabha strategy for MPship: 8 power points

More #ElectionTime PR
indianexpress.com/article/busine… July 17, 2015 - Full circle: Corporate, politics to start-ups

Post election - I am coming back interview types
indianexpress.com/article/opinio… August 3, 2015 - Fifth Metro: The retreat of Nandan Nilekani

"He has withdrawn from politics. And thereby hangs a tale."
indianexpress.com/article/busine… September 20, 2015 - With starting corpus of Rs 100 cr, Bengaluru billionaires register media trust - IPSMF launch announced through Sunday Express - before it began its operations.
bloomberg.com/news/articles/… - Dec 8, 2016 - Tech Billionaire @NandanNilekani Joins Battle to Map India’s Post-Cash Future

Savior arrived PR on monthiversary of #DemonetisationDisaster
economictimes.indiatimes.com/tech/ites/are-… Aug 24, 2017 - Are Infosys founders quietly plotting a board coup to retake company's control?

When board room battles are hard
bloombergquint.com/business/billi… - August 27 2017 Infosys Ex-CEO Nilekani Returns to Steer Troubled Tech Icon

That was a hard week in 2017
economictimes.indiatimes.com/tech/ites/info… - Dec 07, 2017 - Infosys chairman Nandan Nilekani seeks to reclaim past glory with digital push

Turn around stories - as per market needs
web.archive.org/web/2019110421… - Nov 4, 2019 The Biggest Challenges for India’s Tech Leaders
FEB 05 2020 Paytm rolls out new gadgets targeting retailers and merchants --

Why would bloomberg cover PayTM PoS launch? Because Nandan was at launch event.
ndtv.com/india-news/how… April 30, 2020 - How A WhatsApp "Hi" Could End Up Transforming A $1 Trillion Industry

The more interesting piece of the story - On Jio/FB deal. This was also time 'ONDC' pivot was cemented.
economictimes.indiatimes.com/small-biz/star… Jun 23, 2020 - Billionaires, startups team up to fix broken Indian health care
livemint.com/politics/polic… India aims to open finance to millions with user-data system

#AccountAggregator PR

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More from @logic

Apr 27
#UPI #AppUpdate Samsung Pay play.google.com/store/apps/det… Minor bug fixes and improvements in the app...
#UPI #AppUpdate Payzapp - UPI & Bill Payments play.google.com/store/apps/det… Bug Fixes and Enhancements....
#UPI #AppUpdate Kotak - 811 & Mobile Banking play.google.com/store/apps/det… • Bill Pay – Now Pay your Municipal &amp; Clubs and Association bills thorough Bill Pay.<br>• My Kotak – Experience a improved UI interface for our My Kotak Screen....
Read 4 tweets
Apr 9
#AadhaarScam - Was it the telcos / #AadhaarEcosystem who got benefited OR both - at the cost individuals - Lets dig deeper
How much is the revenue loss determined by CAG?
1. 637 Crore eKYC x ₹ 20 = ₹ 12740 Crores
2. 2491 authentication x ₹ 0.5 = ₹ 1245.5 Crores

₹ 13985.5 Crores - revenue loss due to non-fixation of price. UIDAI made a "concious" decision to forego the revenue, without any trail ImageImageImage
The @UIDAI justified the loss saying - that is what led to increased usage.

But a small fact - Charging eKYC to private operators has no relation to mandatory #Aadhaar for rations and office attendane (which was made around the same time period) that actually led to higher auth. Image
Read 14 tweets
Mar 11
Enable bank UPI with #Aadhaar OTP
timesofindia.indiatimes.com/articleshow/90… . This is a frankenstein monster, under the garb of supporting UPI123Pay / feature phone #UPI support and is compromising security risk for a majority of users. Lets understand in a #Thread

cc @suchetadalal @dilipasbe
This week @RBI launched #UPI123Pay aka a set of options to support #UPI on feature phone

UPI PIN in addition to device binding constitute the 2 factors of authentication. As any #UPI user would know, (re)setting #UPI PIN requires debit card authentication
Did you know banks don't issue debit cards in rural india? How will they use the feature phone UPI then ?


Push for a UPI ecosystem minus debit  cards  as RBI  vows  inclusion
Read 12 tweets
Sep 2, 2021
One record for all financial assets of individual - This is hell RBI is taking us.
Eliminate paper trails - They are not even cryptic about it anymore
Read 17 tweets
Aug 1, 2021
#eRUPI #UPI Vouchers for benefits is a radical departure from #DBT. Purpose and person aware #G2P payments are here. #SaveOurPrivacy
en.m.wikipedia.org/wiki/Ration_st… is digitized food stamps, but crucial digitization difference is it converts a bearer instrument like stamp / coupon into a person / purpose specific instrument, embedding automatic data emission about beneficiary upon use.
The naming of this is curious. When countries around the world are discussing #CBDC / issuing new digital currency, naming a private payment instrument #eRUPI is sign of things to come (?). One can only speculate at the moment.
Read 17 tweets
Jul 5, 2021
Nandan Nilekani To Join Government Panel To Curb Digital Monopolies ndtv.com/india-news/nan… via @ndtv

Irony just got its jab and #CoWIN certificate
How many digital monopolies were built by Nandan
The @DIPPGOI announced a committee previously on e-commerce.

Read 4 tweets

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