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Subsidy schemes could delay direct cash Transfer plan -Banikinkar Pattanayak

-The Financial Express The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly Transferring cash to their bank accounts using a unique identity number (Aadhaar). While other cash payments like pension, scholarship, wage under rural job guarantee scheme can be Transferred directly to the beneficiary’s bank account, it is difficult...

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Congress risks Election Commission rap on cash Transfer plan -Bharti Jain

-The Times of India By announcing the direct cash Transfer scheme and fielding senior ministers from the Congress platform, the Manmohan Singh government may have risked the ire of the Election Commission (EC). The election watchdog will meet on Sunday to deliberate over opposition BJP's complaint that cash Transfers are essentially a poll sop, unveiled ahead of the Gujarat assembly election. The timing of the announcement in November although the scheme is to...

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Activists hit out against ‘encounter’ killings -Walter Scott

-The Hindu NHRC has objected to registration of attempt to murder case Sivaganga: Human Rights activists decried the killing of the two accused in the Sub-Inspector Alwin Sudhan murder case in an ‘encounter’ near Manamadurai on Friday night even as the local Judicial Magistrate launched an enquiry on Saturday. The police claim that they shot dead Prabu and Bharathi at Theethanpettai when they attempted to escape while being brought from Madurai Central Prison...

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Those lending support to UPA government are also against FDI, says Prakash Karat -Rahi Gaikwad

-The Hindu No consensus among UPA allies on FDI: Prakash Karat Patna: Ahead of the vote in Parliament on foreign direct investment (FDI) in multi-brand retail, Communist Party of India (Marxist) general secretary Prakash Karat said here on Saturday that since parties with a majority were opposed to the policy, there was no consensus among the allies of the United Progressive Alliance (UPA) on the issue. Asked about the dithering position of the...

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Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari

-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for Transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash Transfers.   In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...

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