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?
"He has withdrawn from politics.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.
#UPI#AppUpdate Kotak - 811 & Mobile Banking play.google.com/store/apps/det… • Bill Pay – Now Pay your Municipal & Clubs and Association bills thorough Bill Pay.<br>• My Kotak – Experience a improved UI interface for our My Kotak Screen....
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
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.
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
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 ?
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.