-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...
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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 »Inside the Direct Cash Transfer Debate-Udit Misra
-Forbes India A look at the crucial issues involved Over the past three years, India has vigorously debated the merits of having a Unique Identity (UID) number for each citizen and, allied with it, the move towards direct cash transfers (DCT) of subsidies (like food, fuel and fertilizer) and social security endowments, like pensions and scholarships. On January 1, India took its first steps towards UID-enabled direct cash transfers. But the move has...
More »Cash transfer may hurt girls and kids, says Amartya Sen -Sandeep Joshi
-The Hindu Eminent economist and Nobel Prize winner Amartya Sen has said the Union government’s cash transfer scheme can be a useful system to supplement other ways of making India a less unequal society, “but it is not a magic bullet, and its pros and cons have to be assessed and scrutinized with an open mind.” In an interview to The Hindu, Dr. Sen said the modality of cash transfer is not...
More »Cash Transfer Scheme No Magic Wand: Ramesh -Surya Desaraju
-Outlook Gollaprolu (AP): The direct cash transfer scheme is not a "jaadu ki chhadi" (magic wand) to reform a "broken down" delivery system and problems are there in its implementation, Union Minister Jairam Ramesh said today. "It (Direct Benefits Transfer Scheme) is not a single 'jaadu ki chhadi' (magic wand). It is an experiment. The world's largest experiment in administrative reforms," he told reporters here. The Union Rural Development Minister's remarks came against...
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