-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers.   In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...

-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...

-The Times of India The government is moving rapidly to enable cash transfers through the Aadhar platform with 51 districts to be covered by January 1, 2013, and half the country four months later — a bid to rollout an initiative aimed at streamlining subsidies while also earning votes. The plan is to put money directly into bank accounts of beneficiaries of government schemes like scholarships, cheap food under the Public Distribution...

-The Economic Times Pan Singh Tomar, the legendary steeplechase athlete-turned-dacoit, earned an annual salary of 120 or thereabouts from the Indian Army, where he served as a hawildar in the 1950s. These days, his great grandson roams around their ancestral village dispensing similar amounts to those at the bottom of the Indian pyramid. If Tomar Sr had resorted to guns for the latter part of his life, Anuj Singh Tomar too has...

-The Times of India Everyone agrees that India needs to deliver social protection to the aam admi; the forthcoming Food Security Bill is one such attempt. Everyone also agrees that the government service delivery pipelines are riddled with leakages and largescale corruption. Direct cash transfers have been proposed as a way to remedy this defective system. However, as could be expected, the debate has become polarised, with one side believing that cash...