-Livemint.com World Bank study says giving cash is a more efficient way to ensure social security Last week the government’s chief economic advisor Arvind Subramanian described the direct benefit transfer scheme as a “game changer”. The Pahal scheme, under which cooking gas consumers receive subsidy in their bank accounts, is one of the ways the government is trying to improve the efficiency of its welfare programmes using the so-called the JAM...

-The Times of India NEW DELHI: Finance minister Arun Jaitley on Sunday said the direct transfer of cooking gas subsidies into the bank accounts of users will help the government cut its subsidy bill by around Rs 12,700 crore, or around a quarter of the funds spent last year. The minister used the successful transition to direct benefit transfer (DBT) system to argue for extending the scheme to other subsidies, something that...

-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...

  Despite the provision of free school uniforms to be given to school children aged 6-14 years under the Right to Free and Compulsory Education Act, when it comes to education department of Uttar Pradesh things are happening in the wrong way. Officials working in UP's education department demand for commissions from uniform suppliers, reveals a Cobra Post sting. In order to know more, please read the press release from Cobra...

-The Indian Express India’s largest nutrient maker tells The Indian Express how 11 crore farmers can directly receive subsidy now going to the industry. Direct Benefit Transfer (DBT) of fertiliser subsidy to farmers is an eminently feasible proposition and the Narendra Modi government should lose no time in going ahead with its implementation, says US Awasthi of the Indian Farmers Fertiliser Cooperative (Iffco). “People interested in stalling DBT are giving all sorts of...