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Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari

-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....

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Aadhaar should not be mandatory, Cong says

-The Times of India NEW DELHI: Congress said Aadhaar should not be mandatory till its penetration reaches a satisfactory level, aligning itself with the Supreme Court which on Monday said unique identification number could not be the pre-requisite for providing government services. It said Aadhaar was facing teething problems in many states and its issuance had not reached a stage where it could be used as testimonial for identity. "Congress will go by...

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Cash transfer reaches just 10% of test population-Sidhartha

-The Times of India NEW DELHI: Direct Benefit Transfer (DBT) was supposed to be a game-changer ahead of the 2014 general elections, with the government planning to plug leakages by transferring cash directly into the accounts of beneficiaries and hoping to cash in on their goodwill. But eight months down the line, it is discovering that the grand plan has run into bureaucratic walls and the beneficiaries are not ready to...

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Refund order to Alchemist Infra

-The Telegraph Kolkata: Sebi has barred Alchemist Infra Realty Ltd from continuing its collective investment scheme and ordered that investors, several of whom are said to be in Bengal, be refunded within three months. The capital market watchdog's order said the company had denied it had anything to do with Alchemist Group, which is run by the family of K.D. Singh, a Rajya Sabha member from the Trinamul Congress. Some party leaders...

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Saradha scam: probe agencies face 'political' hurdles -Bibhas Bhattacharyya

-The Hindustan Times Kolkata: Probing the infamous Saradha scam for Bengal's investigating agencies is like searching for the man who stole overcoats in Nikolai Gogol's The Overcoat. It is a mammoth task made more difficult due to the involvement of political bigwigs. The enormity of the challenge is manifold. First, the web of financial irregularities amounting to thousands of crores of rupees. Second, the involvement of politicians in the scam and third,...

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