-The Hindustan Times To check rising public expenditure, the government's two biggest money-spender schemes - subsidised ration for poor and job guarantee in rural areas - will soon be on the Aadhaar-enabled Direct Benefit Transfer (DBT) platform. The disbursal of subsidy for cooking gas cylinders will come back on the DBT platform after the previous UPA government decided to put it on the hold just before general elections. The UPA, which started transfer...
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Aadhaar-subsidy push: Govt for 80% linkage soon in five schemes -Sanjeeb Mukherjee
-The Business Standard PlanCom meets this month to hasten implementation; initial focus on target coverage might cover 300 districts After reposing faith in the Aadhaar project at its cabinet meeting last week, the Narendra Modi government wants Direct Benefits Transfer (DBT) to 80% of beneficiaries in five key schemes "as soon as possible". These include the cooking gas subsidy, where DBT was stalled under the previous government. The other schemes are on transfer...
More »Cashing in on UPA schemes, NDA takes them a step further -Ruhi Tewari
-The Indian Express At a high-level meeting in July itself, Modi set a target of one billion Aadhaar enrolments "at the earliest". Putting to rest speculation about the fate of the previous UPA government's most ambitious scheme - issuing Aadhaar cards and linking all benefits to this unique identity - the NDA government has given it a decisive push with Prime Minister Narendra Modi himself taking a keen interest in its rollout. At...
More »A big bang reform that may be spot on -TT Ram Mohan
-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
More »Narendra Modi's Jan Dhan - what's new? -Debashis Basu
-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...
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