-Outlook Describing the government's ambitious direct cash transfer scheme as a "powerful tool", Reserve Bank Deputy Governor K C Chakrabarty has said the initiative will help reduce fiscal deficit, which in turn will also bring down inflation if implemented well. "The direct cash transfer scheme will reduce the fiscal deficit, which in turn will facilitate inflation control," Chakrabarty, the senior-most of the four deputy governors at the Mint Road, told PTI in...

-The Hindu The technical glitches that plague cash transfers in Jharkhand may not have arisen with a simpler system that does not need Internet connectivity Pilot cash transfer projects taken up in Jharkhand for MGNREGA wages have achieved little success due to a variety of logistical, human and technological problems. A year after the launch of these projects, the problems remain unsolved. In Ramgarh district, a majority of the beneficiaries are in Dohakatu...

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

-Pratirodh.com Hundreds of the victims of  failed 'cash transfer' experiment in Kotakism met the Rural Development minister Jairam Ramesh at Jantar Mantar in New Delhi where a three-day dharna began on Wednesday demanding a more inclusive 'Food Security Act'.   More than 1000 people from all over the country are participating in the dharna which has been organised by 'Right To Food Campaign'.   Victims of failed cash transfer experiment shared their experiences with the...

-Tehelka The cash transfer debate has turned political with BJP complaining to the Election Commission about the timing of the announcement. It claims the scheme was declared with Gujarat polls in mind. However the Congress-led Central government rubbished the allegation and said the announcement happened in March. Even the political slugfest continues, the debate among experts and activists hasn’t died down. Akshai Jain spoke to a few experts about the various...