Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
October 17, Tuesday 2017 7:42 AM       

       HEADLINES: UDF hartal: Stray incidents of violence at some places                                              They cannot touch us: Kodiyeri responds to BJP leader                                              Chalakudy Rajeev murder: Adv. Udayabhanu made seventh accused                                              Congress doesn’t need support of ‘sankhakal’: V T Balram                                              Disrespect to Chennithala’s promise, Hartal hits normal life                                              Aarushi murder: Talwars to walk free on Monday                                              Will 'gouge out eyes' of attackers in Kerala: BJP leader on political killings                                              Ram temple in Ayodhya by next Diwali: Subramanian Swamy                                              Congress-CPM coalition: CC rejects Yechury’s suggestion                                              Sitharaman commissions INS Kiltan into Navy                                              Over 275 killed in Somalia bombing                                              Chinese hegemony spreading across ASEAN                                              Iraqi army launches operation in Kirkuk                                              Netherlands, PNG qualify for ICC WC Qualifier 2018                                              Kaumudi Facebook
       BUSINESS Next Article: RBI begins 2-day policy review; industry, govt want rate cut  
       Linking of bank accounts with Aadhar to check Benami properties: Prasad
 
         Posted on :18:57:07 Oct 3, 2017
   
A A
       Last edited on:18:57:07 Oct 3, 2017
         Tags: Linking of bank accounts with Aadhar to check
 

NEW DELHI: The mandatory linking of all bank accounts with Aadhar cards has been done by the government to check benami properties, fake accounts and corruption, said Ravi Shankar Prasad, Union Minister of Electronics and Information Technology and Law and Justice, on Tuesday.

Prasad said Aadhar card is safely encrypted and there is nothing to worry about the safety of personal information as it governed by laws passed by the Parliament and any violator would face strict punishment, ranging up to even seven-year imprisonment.

Prasad was speaking at the Ministerial panel of the CyFy2017, the fifth edition of the India conference on cyber security and internet, organised by Observer Research Foundation here today.

The minister described how linking of Aadhar and bank accounts have enabled government to empower the poor through direct benefit transfers (DBTs), avoiding middlemen, and disconnection of 30 million fake gas connections. "Digital governance is good governance," he remarked.

He said the digital world offered both opportunities and challenges and we should try to enforce laws to avoid accidents and abuses in the information highways as we do in the highways.

He said the world should not panic about the digital world, which is in fact a safe world, and instead all countries should work together to make it safe.

Prasad said he is seeing a huge surge in the digital economy with 5-6 startups daily and expected the digital economy to be around one trillion in less than five years.

He said while the Modi government came power, there were only two factories in India which manufactured mobile phones, but now there are more than 100 plants.

Delivering the keynote address, Mark Field, UK's Minister of State for Asia and the Pacific, Foreign and Commonwealth Office, said now cyber-attacks have become a big global industry, which is worth more than 400 million.

Like Prasad, he also stressed the need for all countries to strengthen cooperation to make cyberspace safe and its security fool-proof.

ORF Chairman Sunjoy Joshi underlined the need for providing digital access to all, especially poor, at an affordable price.

The two-day conference will see around 130 speakers, mostly from abroad, and cyber stakeholders address the fourth edition of the Cyfy, a regular and prominent feature in India's cyber discourse.

Former Prime Minister of Sweden and Special Representative, Global Commission on the Stability of Cyberspace, Mr Carl Bildt, former Minister of Foreign Affairs, the Netherlands, and Commissioner, Global Commission on the Stability of Cyberspace, Mr Uri Rosenthal, Mr Sanjay Kumar Verma, Additional Secretary, Ministry of External Affairs, Mr. Alex Stamos, chief security officer of Facebook, Mr. Colin Crowell, head of global public policy, Twitter, Mr. Rajiv Kumar, Vice Chairman, NITI Ayog, are some of the speakers at the sessions.

The keynote addresses will be delivered by Mr. Ajay Prakash Sawhney, Secretary in the Ministry of Electronics and Information Technology; Mr. Rajeev Chandrasekhar, Member of Parliament, and Mr Gulshan Rai, National Cybersecurity Coordinator, Prime Minister's Office.

The conference is having sessions on 'The big questions: Technology, security and society'; 'No man's LAN: The militarisation of cyberspace'; 'War and peace in the digital age'; 'Predatry data: Gender and tech'; 'Harvesting the cloud'; 'Blue, while and chrome: The future of work'; 'Chasing Unicorns: The startup generation'; 'Digital vulnerabilities: Capacity building for tracking cyber crime'; 'The new code war'; 'Command and CTRL: Emerging Regime on Lethal Autonomous Weapons'; 'Encryption: The end of surveillance?'; 'Unbundling 'Convergence'; 'Information operations'; 'Security through identity'; 'Dangerous disclosures: Cyber security incident reporting'; 'Securing the digital economy'; 'Hearts and minds: Countering extremism through media' and 'Radical narratives: Countering violence outline'.

This year's edition of CyFy will wind up on October 4 with conversation with Information Minister Smriti Irani.

A A
       BUSINESS
Next Article: RBI begins 2-day policy review; industry, govt want rate cut
 
 
BUSINESS HEADLINES
Reliance Retail to be biggest threat to Amazon, Flipkart: Pai  
India undergoing 'exciting digital transformation: IMF  
Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts  
Digital India to contribute 30pct to India's GDP by 2025  
Bring real estate under GST: Sisodia writes to Jaitley  
IMF favors three structural reforms in India  
India must go for pollution-free methanol as fuel: Gadkari  
Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai  
Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials  
Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%  
Sensex climbs 211 pts on positive economic data points  
RBI sets rupee reference rate at 65.1003 against US dollar  
Bringing real estate under GST will be a 'disaster': Congress  
Sensex soars 348 pts, all eyes on macro data  
Govt to discuss bringing real estate under GST in Nov: Jaitley  
Sensex moves up 113 pts, Nifty climbs above 10,000  
Direct tax collections for FY 2017-18 up by 15.8 per cent  
India seeks global investments in energy sector: Dharmendra Pradhan  
Sensex ends with losses, fails to keep early lead  
Gujarat cuts VAT on petrol, diesel; Cong sees poll angle  
Sensex starts off high, Nifty regains 10k mark  
Revival of gas power plants to boost consumption: Pradhan  
MFs bet most on government securities: ASSOCHAM  
Idea Cellular tops Trai's 4G upload speed rankings in Sep  
Jaitley headed for US for IMF-World Bank meets  
 
Do you support Oct 16 hartal?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy