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Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari

-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers.   In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...

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Serving up a better alternative for mother and child -Poongothai Aladi Aruna

-The Hindu The U.S. special supplement scheme for women, infants and children to prevent undernutrition is a model that India can learn from India’s economic growth over the last 15 years, and the growing size of the middle class, have become a source of attraction for international investors, especially in the retail food industry. However, the gap between the rich and the poor has only widened: nearly 40 per cent of the...

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Poverty amid prosperity -Atul Sood

-The Hindu While Gujarat’s GDP growth in the last two decades has been notable, it is not reflected in employment, wages, health or education There is a widespread belief that Gujarat is a shining star on the Indian growth horizon and that all other States would do a great service to Indian masses by emulating the model of development that Gujarat embarked upon under the stewardship of Narendra Modi. A recent study,...

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Core committees notified for implementation of direct cash transfers

-Rediff.com In a move that shows the urgency and seriousness with which the UPA 2 is planning the execution of first phase of direct cash transfer scheme before the January 1, 2013, deadline it has set for itself, the Union government has notified formation of two core committees -- called Mission Mode Committees -- tasked with rollout of the scheme. One can imagine the urgency and importance accorded to the direct...

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People’s movements say no to cash transfer, yes to PDS -Mohammad Ali

-The Hindu A day after the Union Government rolled out cash transfer for subsidies and entitlements, Jan Sansad, a coalition of more than 60 people’s movement, rejected it for being “anti-people”. Terming the scheme “an attempt by the government to wash off its hands from the responsibility to provide basic services and social security to its citizens”, the coalition said direct cash transfer will have disastrous impact on the lives of the...

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