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Direct Cash Transfer System a 'Pure Magic': PC

-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...

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FM asks banks to gear up for Cash Transfer Scheme roll out

-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...

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Cash transfers: Govt to set up camps to collect details -Surabhi

-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...

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UID 'compulsory' from January 1, but lakhs yet to be enrolled

-The Times of India The Delhi government has put out public notices declaring that an Aadhaar card will be compulsory from January 1 for access to every government service. The notice has left people confused for lakhs of Delhiites are yet to be enrolled under the Aadhaar programme. On Saturday, Nandan Nilekani represented the UIDAI at the launch of Delhi Government's Annshree Yojana which is cited as the first Aadhaar UID-enabled scheme....

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Weeks to go for direct cash transfers, fresh look at Aadhar registration target-Deepu Sebastian Edmond

-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...

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