-The Times of India JAIPUR: Direct Cash transfer scheme that was rolled out from January 1 this year in three pilot districts of Rajasthan is facing crippling absence of banking infrastructure and at this point it's anybody's guess when the banks can do their part to provide legs to the UPA-II's ambitious project. One of the pillar's of the project was to have banking correspondents (BCs) in the unbanked villages so that...
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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 »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 »A sop that does not help -Sudha Mahalingam
-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct Cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...
More »NHRC conference on 'Right to Food' suggests to make National Food Security Bill more comprehensive
-National Human Rights Commission The National Human Rights Commission organized a day-long National Conference on 'Right to Food' in New Delhi today. Addressing it, Mr. Justice K.G. Balakrishnan, Chairperson, NHRC said that the Commission has always been concerned with the issue. Due to it's intervention, there is a lot of improvement now in Kalahandi, Bolangir and Koraput (KBK) Districts of Odisha which reported starvations deaths. The NHRC Chairperson said that there is...
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