-Outlook Opposing direct Cash Transfer and FDI in retail, Chhattisgarh Chief Minister Raman Singh today said inordinate delay in decision making and complicated procedures for statutory clearances were hurting the country's economy growth and investor sentiment. He told a meeting of National Development Council (NDC) here, chaired by Prime Minister Manmohan Singh, that the 12th plan has been made on "patronage model" and impinges on the autonomy of the states by making...

-PTI Finance Minister P Chidambaram on Friday asked banks to gear up for implementation of the ambitious Cash Transfer scheme, which seeks to transfer money directly into beneficiary accounts in 51 districts from January 1. "There is lot of work to be done from January 1. There are huge burden, huge responsibility going to fall on your shoulders. It is banks that have to make Cash Transfer scheme successful. I know you...

-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...