India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...
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Nilekani team moots ATMs for payments via Aadhaar
-The Business Standard A Nandan Nilekani-led task force on an Aadhaar-enabled unified payment infrastructure has recommended setting up a network of one million interoperable micro-ATMs across the country. The ATMs will be operated by business correspondents. The task force, headed by the Chairman of Unique Identification Authority of India, submitted its report to Finance Minister Pranab Mukherjee on Thursday. The panel has suggested that in order to set-up this network quickly, a last-mile transaction...
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The irrationality and waste in energy subsidies in India has been a perennial theme in analysis of the Indian economy and in reform prescriptions. Progress has, however, turned out to be elusive in the face of ground realities and feasible politics. The power ministry, after struggling for over a decade through repeated exhortations, had the satisfaction of getting a resolution in a Chief Ministers Conference in 2001 that free supply of...
More »“Food security Bill will ensure full supply of essentials”
-The Hindu Measures taken by the Rajasthan Government for ensuring food security to vulnerable sections were highlighted at a conference of Agriculture and Food Ministers of States in New Delhi on Wednesday. A special reference to the reforms planned in the Public Distribution System was made on the occasion. Addressing the conference, Rajasthan Food and Civil Supplies Minister Parsadilal Meena said his department would shortly start distribution of kerosene to below poverty line...
More »UID as User’s ID by Ila Patnaik
The government appears to be working towards an amicable solution on the question of who can collect biometric information data for the Indian population. There has been disagreement about whether this will be done by the UIDAI headed by Nandan Nilekani, or the National Population Register headed by Home Minister P. Chidambaram. It now seems that both may continue to collect data but share its use. When any country sets about...
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