-The Times of India The Congress moved with alacrity on Tuesday to put the stamp of its "hand" on 'direct cash transfers', calling it an election promise fulfilled and lining up Rahul Gandhi to lead the celebrations in the build-up to the launch of what it sees as a "game-changing" scheme. Finance minister P Chidambaram and rural development minister Jairam Ramesh chose the Congress party platform to announce the launch of the...
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Congress eyes political dividends from move to provide Direct Cash Transfer
-The Economic Times Congress is hoping to reap political dividends from its move to provide direct cash transfer to the beneficiaries of welfare schemes just as it believes it did in the previous elections from the rural employment guarantee scheme. Rural development minister Jairam Ramesh, who, along with finance minister P Chidambaram, was deputed by the party to explain the details of the ambitious scheme on Tuesday, termed the initiative "a...
More »Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya
-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...
More »PM clears rollout schedule, from Jan 1
-The Business Standard Full country coverage, in stages, by April 2014 UIDAI, FinMin given prime responsibility to work with ministries, states for national coverage The government today made its intention clear of exploiting an Aadhaar-based direct cash transfer system as a political plank in the next Lok Sabha polls, due in 2014. Prime Minister Manmohan Singh today cleared the schedule for implementation from January 1 of government subsidies and entitlements to beneficiaries...
More »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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