-The Indian Express With the government set to launch the direct cash transfer scheme from January 1 in select districts across the country, Congress leader Rahul Gandhi will tomorrow brief district Congress and youth presidents about the benefits of the scheme. He will address district Congress and Youth Congress presidents of 51 districts, where the direct cash transfer scheme is to be implemented from January, explaining the benefits of the measure so...
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The elephant in the room -Biraj Patnaik
-The Times of India Crest The biggest hurdle for the DCT programme is the identification of the poor. The "gamechanger" announcement of the UPA 2 government on Direct Cash Transfers (DCT) for 45 schemes has generated much debate through the week with opinions flying around faster than money can get electronically transferred. At the heart of it, the idea of this proposed DCT is unexceptionable. Existing programmes where government transfers money to...
More »The "Aadhaar" of Direct Cash Transfer is more of assumptions, less of ground-level realities-MS Sriram
-The Economic Times On November 9, 2012, the government announced that from January 2013, 51 districts of the country would be subjected to Aadhaar- based direct cash transfers (DCT). We need some basic answers before we get to term the initiative as a game-changer. Aadhaar and the link with bank accounts: The Reserve Bank of India, initially having notified that Aadhaar number as valid for opening a bank account for know-your-customer norms,...
More »FDI in Pension: Central govt employees to go on token strike
-The Financial Express A Central employees' union will go on a token strike tomorrow to protest against the Pension Bill and the Centre's decision to allow FDI in Pension. The Confederation of Central Employees and Workers said employees throughout the country were agitated over the government's fresh move to introduce the PFRDA Bill in this ongoing Parliament session. "It is surprising that even after findings of the Committee set up by the government...
More »For profit, not people-Sitaram Yechury
-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...
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