-The Hindu Business Line The 60% jump over last year is due to DBT in fertiliser where Rs.39,230 cr was transferred Mumbai: Direct benefit transfer of subsidies in cash and kind crossed the Rs.3-lakh crore mark in 2018-19 to 123.8 crore beneficiaries through over 351-crore transactions. Official data reveals that DBT in both cash and kind amounted to Rs.3,06,260 crore last fiscal, a 60 per cent jump from Rs.1,90,870.9 crore in 2017-18. A significant...
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Universal basic income not a panacea for poverty -Piyush Kamal
-The Pioneer In the absence of any sunset clause or distinct feature to identify the beneficiaries who succeed in climbing themselves out of poverty, the scheme of direct cash transfer as an income support welfare measure and as a potent tool of empowerment does not sound convincing even on paper Thanks to the proposal for the universal basic income, it has become a topic for discussion as one-fifth population of this country...
More »Jobs or doles: which is the way forward? -Mahendra Dev & Pronab Sen
-The Hindu Governments can provide direct cash transfers while creating conditions for employment With the Congress promising through the Nyuntam Aay Yojana (NYAY) scheme ?6,000 every month to the poorest 20% of households if voted to power, Mahendra Dev and Pronab Sen talk of the importance and problems of direct cash transfers. Providing social protection is important even as governments try to create conditions for income-generating activities, they say in a discussion...
More »Rahul's minimum income plan is fatally flawed -SA Aiyar
-The Times of India blog Indira Gandhi’s ‘Garibi Hatao’ swept the polls in 1971. Rahul Gandhi hopes to follow suit with NYAY (Nyuntam Aay Yojana), promising a minimum income of Rs 72,000 per year to the 50 million poorest families. Garibi Hatao flopped badly. So will NYAY unless totally rethought. Indian parties have a consensus on cash grants to the needy. Schemes in Telangana, Odisha and Jharkhand have been followed by Modi’s...
More »Govt. defends electoral bonds scheme in SC -Krishnadas Rajagopal
-The Hindu ‘Ensures transparency, checks misuse’ Electoral bonds have been introduced to promote transparency in funding and donation received by political parties, the government told the Supreme Court on Thursday. “They [bonds] can be encashed by an eligible political party only through their accounts with authorised banks. The bonds do not have the name of the donor or the receiving political party and only carry unique hidden alphanumeric serial numbers as an in-built...
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