-MoneyControl.com The benefits of the cash transfer scheme to be rolled-out from January 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahlwualia. The benefits of the cash transfer scheme to be rolled-out from January 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahlwualia. In an interview to Karan Thapar for CNN-IBN...
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Cash subsidy transfer is not a magic wand but people will get purchasing power: Expert -Joseph John
-The Times of India RAIPUR: Expert in public policy and capacity building T R Raghunandan, a former IAS officer of Karnataka Cadre, said on Thursday that transfer of cash subsidy to the beneficiaries was not a "magic wand" but it could help create purchasing power among the masses in the respective areas. Speaking at the media capacity building workshop, organised by the centre and the UN joint programme on convergence here, he...
More »Issues like food prices, PDS can hurt cash transfers plan in food-Madan Sabnavis
-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...
More »Did govt jump gun on cash transfers?-Sidhartha
-The Economic Times The government's ambitious plan for direct cash transfer of subsidies is facing implementation hurdles even as Prime Minister Manmohan Singh on Monday set a January 1 deadline to roll out the scheme in 51 districts. While the PM's announcement was a formality, the petroleum ministry has pointed out that once the Cabinet approves the new mechanism on oil and LPG subsidies, it will take 11 months for a rollout. This...
More »Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya
-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...
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