The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
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No monopoly rights for cash transfer: Finance ministry
-The Times of India The government has said that it is not handing over monopoly rights to any entity for distribution of cash under the direct benefit transfer scheme. In response to a TOI article on December 30 ("Cash transfer plan a scam in the making"), the finance ministry said it has now standardized technology to enable customers to transact with any bank through any business correspondent. Earlier, a customer was locked...
More »Is UID-linked cash transfer a good idea?-Sreelatha Menon
-The Business Standard Reetika Khera Professor, Indian Institute of Technology, Delhi* “Aadhaar is being made de facto compulsory for welfare schemes. With two-thirds without Aadhaar, they are bound to be denied entitlements” There are three components of the government’s direct benefit transfer scheme — computerisation, extending banking services and linking the benefits with Aadhaar. The real game-changers are the first two, whereas Aadhaar-enabled transfers carry the risk of excluding current beneficiaries. The Central government has...
More »Internet emits 830 million tonnes of carbon dioxide
-PTI MELBOURNE: Internet and other components of information communication and technology (ICT) industry annually produces more than 830 million tonnes of carbon dioxide (CO2), the main greenhouse gas, and is expected to double by 2020, a new study has found. Researchers from the Centre for Energy-Efficient Telecommunications (CEET) and Bell Labs explain that the information communications and technology (ICT) industry, which delivers Internet, video, voice and other cloud services, produces about 2...
More »Aruna Roy objects to direct cash transfer
-The Times of India National Advisory Council (NAC) member and MKSS leader Aruna Roy on Friday shot off a scathing letter to the finance ministry objecting to "talk" of subsidy cuts for the poor while funding programmes like Aadhar that have no legislative backing. She also suggested that pre-budget consultations for business and social sector should be held jointly in a more democratic fashion. Expressing "shock" at subsidy cuts Roy, who did...
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