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Left, civil society slam cash transfer

-Deccan Herald Say it is a bid to lure voters, cut subsidies The Left and civil society are up in the arms against Aadhar-based direct cash transfer scheme, arguing that it was aimed at luring voters with an eye on the 2014 elections. A day after the announcement of the details, the CPM, civil society organisations including the one led by Aruna Roy and Medha Patkar and newly formed Aam Aadmi Party, all...

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On the money

-The Indian Express The UPA has long been planning a shift to direct cash transfers for poor households, with a view to replacing the 3.23 lakh crore worth of unwieldy subsidies currently in place. Last year, the then finance minister Pranab Mukherjee had spoken of the famously inefficient food and fertiliser subsidies, and of a comprehensive overhaul through cash transfers. Now, that plan has been fleshed out further. The prime minister...

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Cash transfer: PM to play UPA-2's trump card on Monday

-The Times of India The Prime Minister is expected to formally kick off cash transfer of subsidies and entitlements, one of the most ambitious policy initiatives of UPA-2, on Monday. The scheme for cash transfers is visualized as a game-changer for UPA-2, like NREGA was for UPA-1, and is expected to give rich dividends at the elections. Manmohan Singh is expected to set January 1, 2013 as the launch date for the...

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Push for cash transfers via Aadhar platform

-The Times of India The government is moving rapidly to enable cash transfers through the Aadhar platform with 51 districts to be covered by January 1, 2013, and half the country four months later — a bid to rollout an initiative aimed at streamlining subsidies while also earning votes. The plan is to put money directly into bank accounts of beneficiaries of government schemes like scholarships, cheap food under the Public Distribution...

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60 lakh more BPL people will come under pension plan -Prasad Nichenametla

-The Hindustan Times In an attempt that could help UPA 2 tide over the anti-incumbency factor and yield political dividends in 2014, the rural development ministry is proposing to cover 60 lakh additional below-poverty-line (BPL) people under its pension schemes. The proposals, including enhanced pension payouts, would cost the central exchequer an additional Rs. 9,500 crore. The recommendations of a committee under the ministry, if accepted, would add to the 260 lakh beneficiaries...

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