-The Economic Times Congress is hoping to reap political dividends from its move to provide direct cash transfer to the beneficiaries of welfare schemes just as it believes it did in the previous elections from the rural employment guarantee scheme. Rural development minister Jairam Ramesh, who, along with finance minister P Chidambaram, was deputed by the party to explain the details of the ambitious scheme on Tuesday, termed the initiative "a...
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Pitfalls for subsidy targeting -Subir Roy
-The Business Standard Cash transfer is targeted at the poor, but Aadhaar has no role in identifying the poor The disbursement of subsidies through direct cash transfers is round the corner. It will begin in 51 districts in the new year, just over a month away, and in half the country in four months’ time. So it is important to ask: do we have the capability to take on this job,...
More »LPG Consumers Can Now Fill KYC Form Till Nov 15
-Outlook The government has extended by 15 days the deadline for filling the Know Your Customer (KYC) form by LPG consumers to November 15. In a nationwide exercise to weed out multiple or ghost connections, the state-owned oil firms had previously asked their domestic cooking gas (LPG) distributors to collect and verify duly filled KYC forms from the consumers by October 31. "We have now decided to extend the deadline by 15 days...
More »Aadhaar-enabled service delivery system launched -Mohammed Iqbal
-The Hindu Dudu (Rajasthan): The Union government launched an Aadhaar-enabled service delivery system here on Saturday with a promise of eliminating fraud, black-marketing, pilferage in schemes and bribery through a reliable mechanism of direct cash transfer to beneficiaries in a transparent manner. Prime Minister Manmohan Singh and United Progressive Alliance chairperson Sonia Gandhi inaugurated the ambitious programme, which seeks to integrate the government-run flagship schemes with the Aadhaar card system at a...
More »Aadhaar will now be used as identity proof, for bank KYC -Siddharth & Surojit Gupta
-The Times of India Submitting photocopies of identity and address proof for opening a bank account, buying insurance or getting a mobile connection could soon be a thing of the past. Instead, it would all be there at your finger tips. The Unique Identification Authority of India ( UIDAI) is ready with electronic know-your-customer authentication (eKYC) service which will pave the way to provide identity and address proof by just providing your...
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