Jan Dhan

benami money laundering aadhaar bank account
Aadhaar
Digital India

How does linking your Aadhaar to your bank account destroy the banking system?

Linking Aadhaar to bank accounts is a recipe for creating benami[2] bank accounts and scaling benami bank transactions. It threatens to destroy your bank accounts and destroy the country’s banking system. It’s devastating that the integrity of banking processes is being destroyed by dividing, outsourcing and privatising processes integral to core banking so that they become the responsibility of no one.

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Going cashless or recapitalizing banks
Demonetisation
National

Here is how the #demonetisation is a forced, public funded bailout of banks

As soon as the demonetisation of Rs.500 and Rs.1000 notes was announced, I had said that it was a forced and public funded “bailout” of banks. This article examines news reports from the last year and explains how I arrived at the conclusion.

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Demonetisation
General

Problems with the tall claims made about demonetisation

There is an abundance of claims by the government both about the virtues of demonetisation as well as the duration of the “inconvenience” people have to go through. Here is my attempt to debunk some of them. To begin with, there is a slight problem. The objectives of the demonetisation have not been officially and explicitly […]

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