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Cash Transfer benefit to be available by Feb-March: Montek

-MoneyControl.com The benefits of the Cash Transfer scheme to be rolled-out from January 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahlwualia. The benefits of the Cash Transfer scheme to be rolled-out from January 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahlwualia.   In an interview to Karan Thapar for CNN-IBN...

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'Direct Cash Transfer not to affect cheap rice scheme'

-PTI The Odisha government today said its cheap rice scheme would not be affected after the Centre introduced direct Cash Transfer to beneficiaries. "We do not feel that the state government's Rs 2 a kg rice programme will be affected. This is because the Centre has decided not to include food subsidies in the direct Cash Transfer system in the first phase," said state Finance Secretary J K Mohapatra. Mohapatra said the direct...

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Government's Cash Transfer: old wine in new bottle -Chetan Chauhan

-The Hindustan Times The direct Cash Transfer in 42 schemes to start from next year is old wine in new bottle with beneficiaries under these schemes already receiving money directly into their bank accounts. Finance minister P Chidambaram and rural development minister Jairam Ramesh on Tuesday announced that money under these 42 schemes of the central government would be transferred directly into bank accounts of beneficiaries in 51 districts from next January. The list...

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Cash subsidy transfer is not a magic wand but people will get purchasing power: Expert -Joseph John

-The Times of India RAIPUR: Expert in public policy and capacity building T R Raghunandan, a former IAS officer of Karnataka Cadre, said on Thursday that transfer of cash subsidy to the beneficiaries was not a "magic wand" but it could help create purchasing power among the masses in the respective areas. Speaking at the media capacity building workshop, organised by the centre and the UN joint programme on convergence here, he...

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Chhattisgarh writes to Prime Minister against direct Cash Transfer of subsidies -Ashish Mukherjee

-NDTV Raipur: Chhattisgarh does not favour the Centre's plan to dole out subsidies to beneficiaries by direct Cash Transfer, the state's chief minister Raman Singh has told the Prime Minister. In a letter to Dr Manmohan Singh and Union Food Minister KV Thomas, the chief minister said limitations in banking and information technology would make it difficult for Chhattisgarh to implement the scheme. He said Public Distribution System (PDS) outlets were the most...

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