-The Hindustan Times The Election Commission on Tuesday ticked off the Union government for announcing the implementation of Aadhar-based direct cash transfer scheme during election time in Gujarat and Himachal Pradesh and directed it to keep the process in abeyance in the two poll-bound states. The three-member commission, in its meeting chaired by chief election commissioner VS Sampath, in its order stated that the government's announcement was "avoidable", keeping in mind the...
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Madhya Pradesh: 'Cash transfer scheme' already in force in state?
-DNA Bhopal: The state government on Tuesday said the 'cash transfer scheme' announced by the Central government recently was already in place here. "The process of transferring amounts of subsidy directly into bank accounts of beneficiaries is already in place in Madhya Pradesh with a view to preventing leakage in govt subsidy schemes and ensuring transparency in selection of beneficiaries", read a press statement issued by the government. According to it, Chief Minister...
More »Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee
-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
More »Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari
-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...
More »Government's cash transfer: old wine in new bottle -Chetan Chauhan
-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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