-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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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...
More »Direct subsidy transfers for LPG, kerosene to cut fuel bill by Rs 15,000 crore -Rajeev Jayaswal
-The Economic Times The government plans to directly transfer money to the Bank Accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in Andaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised kerosene and proposes to transfer...
More »Cashing in on schemes for poor -Narendar Pani
-The Hindu Any political benefit the Congress hopes to reap in 2014 will come at the cost of reducing the effectiveness of social welfare schemes In getting its ministers to endorse the shift to cash transfers from the AICC office in New Delhi, the Congress has highlighted the political nature of the move. The party clearly expects cash transfers to play the same role for it in 2014 that the National Rural...
More »It’s not quite a silver bullet
-The Hindustan Times The government will begin switching over to a system of direct cash transfers for welfare in the New Year and hopes to roll it out all over the country in the ensuing 364 days. This is a radical departure from the existing welfare delivery mechanism so riddled with leaks that a mere fraction of the benefits reach the intended target groups. By co-building these transfers with biometric enumeration...
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