-PTI Nearly 11 lakh poor people have benefitted from the Direct Benefit Transfer Scheme, which began on January 1, 2013 and will be rolled out throughout the country, Finance Minister P Chidambaram said during his Budget speech in the Lok Sabha. He said the "Aapka paisa aapke haath" concept has brought happiness to the poor who have received the benefits directly into their Bank Accounts. He said the government was determined to...

-Deccan Herald Bangalore: The Employees’ Provident Fund Organisation has requested the employers to furnish the Aadhaar numbers of their existing PF subscribers to embed the information in the Bank Accounts of beneficiaries.   The schemes of the EPFO involving transfer of benefits to beneficiaries have been identified for implementation of direct cash transfers from January 1, 2013. The Organisation has asked the employers to maintain the information in excel format till the...

-PTI Project will help strengthen anti-money laundering steps, combat terror financing, says inter-governmental body Paris: India’s Aadhar programme has been praised by the FATF here which said the initiative will not only ensure “financial inclusion” for its teeming population but also tighten anti-money laundering measures in the country. “If successfully implemented, it (Aadhar project) would be the first biometrically verified unique ID implemented on a national scale and would provide the ‘identity...

-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled Bank Accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...

-PTI Chief Minister Sheila Dikshit on Friday set a deadline of March 31 for completing issuance of Aadhaar number to people in the city so that all major welfare schemes could be linked to it soon. Dikshit issued the direction at a high-level meeting which reviewed the implementation of direct cash transfer schemes of the central government that was rolled out in two districts of the city last month. As per official...