Friday, August 7, 2009

Nandan's New Formula

You must obviously have heard this Gentlemen's name in the Business Line or any journal.
Of course the Infosys big shot doesn't care an introduction but is making news with his recent proposal. The proposal is to Nationalise the system of identity. The mega project is put by the Indian Government ahead of the much talked Metros. It is believed that the project would cost around 600 crores. Wah! That is quite huge.

The idea behind the inception of this plan is to keep track of what transactions take place. Suppose who get to a merchant and buy some thing there, you are noticed. Rather the transaction is accounted only when you produce this ID. It is material that it takes place only through this chip supported Plastic Swipe that is on the roll. That is modern. Much much safe and secure.

It lists where you stay, what you do, whether you are a citizen of India by birth, other significant details that are normally required for verification like your Pan card, vehicle license etc.
You can there by track persons who are unauthorised in India, meaning who have just come out to a role to demoralise and destabilise India's stature. Mark my words, this project would much soothe the country in handling large volumes of transactions with ease.

Yep. Mr.Nandan Nilekani is the person of this week.

1 comment:

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