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Subsidy schemes could delay direct cash transfer plan -Banikinkar Pattanayak

-The Financial Express The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly transferring cash to their bank accounts using a unique identity number (Aadhaar). While other cash payments like pension, scholarship, wage under rural job guarantee scheme can be transferred directly to the beneficiary’s bank account, it is difficult...

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Issues like food prices, PDS can hurt cash transfers plan in food-Madan Sabnavis

-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...

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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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Slowcoach cloud on cash transfer plan -Devadeep Purohit

-The Telegraph Prime Minister Manmohan Singh’s ambitious plan to replace the leak-prone subsidy regime with direct cash transfers to bank accounts of beneficiaries may get delayed in Bengal because of tardy progress of biometric enrolment of residents in the National Population Register (NPR). Data available with the state’s directorate of census operations, which is overseeing NPR biometric enrolment, show that only 18.8 per cent of the population has been covered under the...

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Aadhaar, the focus changer-Shubhashis Gangopadhyay

-The Business Standard UID can shift focus from the government's functioning to the intended beneficiaries and ease of access The central government is seriously thinking of putting in place a technology-based platform to hand over subsidies directly into the hands of their intended beneficiaries. A number of pilots are under way for handing over, for example, kerosene subsidies for household consumption. While this is largely a central government initiative, state governments...

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