-The Times of India JAIPUR: Direct cash Transfer scheme that was rolled out from January 1 this year in three pilot districts of Rajasthan is facing crippling absence of banking infrastructure and at this point it's anybody's guess when the banks can do their part to provide legs to the UPA-II's ambitious project. One of the pillar's of the project was to have banking correspondents (BCs) in the unbanked villages so that...
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Inside the Direct Cash Transfer Debate-Udit Misra
-Forbes India A look at the crucial issues involved Over the past three years, India has vigorously debated the merits of having a Unique Identity (UID) number for each citizen and, allied with it, the move towards direct cash Transfers (DCT) of subsidies (like food, fuel and fertilizer) and social security endowments, like pensions and scholarships. On January 1, India took its first steps towards UID-enabled direct cash Transfers. But the move has...
More »Aadhar Card May Be Linked With Train Ticket Booking
-Outlook Railways is mulling linking of train tickets with Aadhar cards to tackle the menace of touts in bookings. "We are exploring the possibility of linking Aadhar system with issuing of train tickets and if this happens, the tout menace will be effectively curbed in ticketing system," Railway Minister Pawan Kumar Bansal said here today. Passengers often do not get tickets in advance as bulk tickets are being cornered by touts. "I have recently...
More »Cash Transfer may hurt girls and kids, says Amartya Sen -Sandeep Joshi
-The Hindu Eminent economist and Nobel Prize winner Amartya Sen has said the Union government’s cash Transfer scheme can be a useful system to supplement other ways of making India a less unequal society, “but it is not a magic bullet, and its pros and cons have to be assessed and scrutinized with an open mind.” In an interview to The Hindu, Dr. Sen said the modality of cash Transfer is not...
More »A sop that does not help -Sudha Mahalingam
-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash Transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...
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