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Direct Cash Transfer Can Control Inflation: Chakrabarty

-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...

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Gangs and 'Bhais' to Play Their Role in Gujarat Polls -Apurva Trivedi

-Outlook Porbandar (Gujarat): Gangs and musclemen could play a dominant role in elections in some assembly constituencies of Bhavnagar, Porbandar, the birthplace of apostle of non-violence Mahatma Gandhi, and Rajkot districts of Saurashtra region of Gujarat. Porbandar has been a hotbed of criminal activities in recent times where late Santokben Jadeja had emerged as 'Godmother'. Ganglords of Porbandar are once again are in electoral fray. Another constituency where political power has been shaped...

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Election Commission to rule today on government's cash transfer scheme -Abhinav Bhatt

-NDTV The Election Commission will decide today whether the government violated the rules by announcing a major overhaul of India's welfare system while Gujarat is in the midst of elections. The opposition BJP has complained that the announcement of the direct cash transfer scheme violates the model code of conduct, which kicks in as soon as elections are announced and forbids parties and candidates from sharing decisions or policies that could influence...

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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...

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'Cash transfer for BPL not feasible'

-Deccan Herald Cash transfer for public schemes is a “terrible lie”, said activists at a meeting held at Jantar Mantar on Wednesday. Communist Party of India (Marxist) leader Brinda Karat said that if one compared India with African countries, India would beat them in terms of poverty. “The government is not willing to tax business tycoons and is making the common man suffer by cutting down subsidies,” she said. Karat added that her...

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