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Banking roadblock for cash transfer scheme

-The Times of India JAIPUR: Direct cash transfer scheme that was rolled out from January 1 this year in three pilot districts of Rajasthan is facing crippling absence of banking infrastructure and at this point it's anybody's guess when the banks can do their part to provide legs to the UPA-II's ambitious project. One of the pillar's of the project was to have banking correspondents (BCs) in the unbanked villages so that...

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A sop that does not help -Sudha Mahalingam

-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...

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Direct Benefits Transfer scheme launches today in 20 districts

-The Indian Express On the eve of the launch of its ambitious Direct Benefits Transfer (DBT) programme, the government Monday announced that the welfare plan will be rolled out in 20 districts and cover seven schemes, mostly scholarships, to benefit more than 2 lakh people. The programme will expand to another 11 districts on February 1 and 12 more districts will be added on March 1. A total of 43 districts in...

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Direct Cash Transfer System a 'Pure Magic': PC

-Outlook Jaipur: Describing the proposed Direct Cash Transfer scheme a 'pure magic' that brings a big responsibility on banks for its implementation, Finance Minister P Chidambaram today asked bankers to work with the government to make the scheme a success. "Through this unique benefit transfer scheme, money when it is released, will instantaneously be credited in the bank account of the beneficiary, leaving no scope for corruption and pilferage. That is why...

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UID 'compulsory' from January 1, but lakhs yet to be enrolled

-The Times of India The Delhi government has put out public notices declaring that an Aadhaar card will be compulsory from January 1 for access to every government service. The notice has left people confused for lakhs of Delhiites are yet to be enrolled under the Aadhaar programme. On Saturday, Nandan Nilekani represented the UIDAI at the launch of Delhi Government's Annshree Yojana which is cited as the first Aadhaar UID-enabled scheme....

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