-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...

-The Indian Express With less than a fortnight left to roll out its direct cash transfer scheme, the government is trying to fast-track the process of identification and registration of beneficiaries for the 34 schemes. Accordingly, it has decided to set up camps in each of the 43 districts where direct cash transfers would be launched for preparing a central database of beneficiaries, enrollment for Aadhaar numbers and opening of bank accounts. “A...

-The Indian Express Two weeks before the direct cash transfer is unveiled in 43 districts, a partial list available with The Indian Express reveals generation of Aadhaar numbers has been erratic till November 30. Faced with low registration in some states, the Unique Identification Authority of India (UIDAI) has reportedly asked the state governments to focus on enrolling only those who will benefit from the 34 schemes covered under the direct...

-The Indian Express The UPA is banking on cash transfers as a political tool, but it must concentrate on programme design The Congress has been congratulating itself on its newly announced direct cash transfer scheme — P. Chidambaram described it as a game-changer, Sonia Gandhi declared it nothing short of revolutionary, and Rahul Gandhi reportedly claimed that “Aapka Paisa, Aapke Haath” would bring the party generous political dividends. The Congress may have...

-Outlook Congress president Sonia Gandhi today strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA. Gandhi, who is also UPA Chairperson, also announced her intent to bring the much-talked out Food Security Bill in Parliament soon to ensure that no poor family remains hungry. She...