-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...
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Rs 1.71 Cr Spent on Delhi Ministers, MLAs' Foreign Tours
-Outlook Nearly Rs 1.71 crore have been spent on foreign visits of Delhi Chief Minister Sheila Dikshit, her cabinet colleagues and members of the Assembly in the past nine years. According to an RTI reply, Dikshit, her ministers and MLAs undertook around 57 foreign visits including to the US, the UK, Spain, Thailand, Indonesia, Japan, Germany and Switzerland and an amount of Rs 1.71 crore was spent between 2004 and October 2012. As...
More »Congress risks Election Commission rap on cash transfer plan -Bharti Jain
-The Times of India By announcing the direct cash transfer scheme and fielding senior ministers from the Congress platform, the Manmohan Singh government may have risked the ire of the Election Commission (EC). The election watchdog will meet on Sunday to deliberate over opposition BJP's complaint that cash transfers are essentially a poll sop, unveiled ahead of the Gujarat assembly election. The timing of the announcement in November although the scheme is to...
More »Subsidy schemes could delay direct cash transfer plan -Banikinkar Pattanayak
-The Financial Express The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly transferring cash to their bank accounts using a unique identity number (Aadhaar). While other cash payments like pension, scholarship, wage under rural job guarantee scheme can be transferred directly to the beneficiary’s bank account, it is difficult...
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...
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