-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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Direct cash transfer of subsidies through Aadhaar from January 1
-The Hindu Direct cash transfer of subsidies through the Aadhaar card would be rolled out in 51 districts across 15 States from January 1, 2013, Union Finance Minister P. Chidambaram announced on Saturday. The scheme would aim to cover the entire country by the end of 2013, he said. Speaking at the annual Bankers’ Conference (BANCON), Mr. Chidambaram said banks would play an essential role in the direct cash transfer, as every...
More »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...
More »Cabinet nod for tough stand at Doha climate meet -Nitin Sethi
-The Times of India India won't enhance its pledge of reducing emissions intensity of its economy at the Doha round of climate talks, which will be held between November 26 and December 7. The Cabinet on Thursday cleared the red-lines for Union environment minister Jayanthi Natarajan and her team of negotiators for the UN talks. With the European Union (EU) shifting the goal post yet again for ratifying the Kyoto Protocol's second phase...
More »PMO objects to American citizen's presence in education commission-Urmi A Goswami
-The Economic Times The appointment of the third education commission headed by leading sociologist Andre Beiteille to undertake a major policy review appears to be held up after the Prime Minister's Office raised concerns over including a naturalised US citizen as a member. The human resource development ministry had named Pranab Bardhan, a professor of economics at the University of California at Berkeley, as a member of the commission. Bardhan is a...
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