In October 2017, the RBI announced ઊંચા સ્તર ટાસ્ક ફોર્સની that would study and help set up a transparent and comprehensive public credit registry (PCR). The RBI's PCR was intended to be "an extensive database of credit information for India that is accessible to all stakeholders". The PCR was intended to help improve efficiencies in the Indian credit market, aid financial inclusion, help control deliquencies and in general improve the ease of doing business. (more…)
UIDAI and Aadhaar are replete with instances of conflicts of interests, connections with dubious foreign organizations, access to data to foreign and other private organizations and more that raise serious questions about whose interests are served by Aadhaar and whether these interests are compatible with democracy, fundamental rights and national interest.