Skip to main content

Driving Licences may be Linked to Aadhaar

By
Driving Licences may be Linked to Aadhaar
The government is planning to link driving licences with Aadhaar to curb duplicate and fake licences, IT minister Ravi Shankar Prasad said on Friday.He said he has spoken to transport minister Nitin Gadkari about the linkage.
“We are planning to link driving licence to Aadhaar. I have had a word with Gadkari-ji regarding this,“ said Prasad, while speaking at Digital Haryana Summit 2017. “So digital identity confirms physical identity with the help of digital tech nology,“ he said.

A transport ministry official said they may not be able to comment on it since it is a state matter and transport is not in the central list. “We'll only be able to comment after we consult the states. However, from our side, we're already getting the entire database of driving licence in the country on a common platform so that there's no duplication anymore,“ said the official.

On Friday, the government of Haryana in association with IT industry body Nasscom hosted the first edition of Digital Haryana Summit in Gurgaon where they announced a slew of policies for startups and IT and electronics sector. These are IT & ESDM Policy, Tower Policy, Start Up Policy, Cyber Security Policy and SARAL citizen delivery tracking portal.

The state government with Nasscom also announced opening of a startup warehouse in Gurgaon, with 84-seater capacity along with a mobile application development incubation centre within the warehouse to boost the startup ecosystem. A Centre for IoT (Internet of Things), Centre for Innovation and Entrepreneurship (CIE), and incubation centres were also unveiled.

The Economic Times, New Delhi, 16th September 2017

Comments

Post a Comment

Popular posts from this blog

Govt’s gamble on GST cuts: What do the bond and currency markets signal?

By
  It’s not just humans who suffer from cognitive biases; markets do too. Interestingly, different financial markets exhibit distinct biases, each interpreting events through its own prism of prejudice. Take the recent announcements on GST reforms: equity markets have chosen to view them through the lens of growth, while bond and currency markets are focusing on potential macroeconomic risks—fiscal pressures and current account challenges. So, which lens captures the true pulse?Equity markets may be right in expecting GST reforms to revive consumption, which has remained lacklustre for a while. But the key question remains—will this revival come at the cost of broader macro stability?It is well known that consumption stocks have rallied since the GST rationalisation announcement. But what about bond markets? What signals are they sending since this rejig was announced from the ramparts of the Red Fort?The signs aren't encouraging. Bond prices have slumped and yields have surged sinc...
Post a Comment
Read more

Luxury carmakers urge clarity on GST rates to boost festive season sales

By
  A clear picture regarding new GST rates at the earliest will help the overall auto industry, including the luxury car segment, to regain momentum in the ongoing quarter, which generally sees enhanced sales on account of the festive season.The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation.In an interaction with PTI, BMW Group India President and CEO Hardeep Singh Brar said the recent speculation about the change in GST rates has caused uncertainty in the minds of consumers.Consumer interest and demand is strong, but they (prospective buyers) have adopted a wait-and-watch approach, and this delayed decision-making is impacting new vehicle sales at a certain level, he noted."Expediting clarity on GST rates is essential to get back to speed and ensure the auto sector's contribution to economic growth during this quarter is robust," Brar stated.He also hoped that the sustainable p...
Post a Comment
Read more

Sebi proposes tighter norms for green bond third-party reviewers

By
  Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds.In a draft circular, Sebi said that the current norms for green bonds, introduced in February 2023, lack detailed requirements around reviewer independence, conflict of interest mitigation, and disclosure standards that are now in place for other ESG-linked securities under a June 2025 circular.The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities.Under the proposed norms, issuers of green debt securities will need to appoint reviewers who are independent of their management, directors, and key managerial personnel. These reviewers will be remunerated in a way that prevents any conflicts of interest and possess relevant expert...
Post a Comment
Read more