-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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Chhattisgarh writes to Prime Minister against direct cash transfer of subsidies -Ashish Mukherjee
-NDTV Raipur: Chhattisgarh does not favour the Centre's plan to dole out subsidies to beneficiaries by direct cash transfer, the state's chief minister Raman Singh has told the Prime Minister. In a letter to Dr Manmohan Singh and Union Food Minister KV Thomas, the chief minister said limitations in banking and information technology would make it difficult for Chhattisgarh to implement the scheme. He said Public Distribution System (PDS) outlets were the most...
More »People’s movements say no to cash transfer, yes to PDS -Mohammad Ali
-The Hindu A day after the Union Government rolled out cash transfer for subsidies and entitlements, Jan Sansad, a coalition of more than 60 people’s movement, rejected it for being “anti-people”. Terming the scheme “an attempt by the government to wash off its hands from the responsibility to provide basic services and social security to its citizens”, the coalition said direct cash transfer will have disastrous impact on the lives of the...
More »Left, civil society slam cash transfer
-Deccan Herald Say it is a bid to lure voters, cut subsidies The Left and civil society are up in the arms against Aadhar-based direct cash transfer scheme, arguing that it was aimed at luring voters with an eye on the 2014 elections. A day after the announcement of the details, the CPM, civil society organisations including the one led by Aruna Roy and Medha Patkar and newly formed Aam Aadmi Party, all...
More »Direct subsidy transfers for LPG, Kerosene to cut fuel bill by Rs 15,000 crore -Rajeev Jayaswal
-The Economic Times The government plans to directly transfer money to the bank accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in Andaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised Kerosene and proposes to transfer...
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