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PM to launch Aadhaar based delivery system today

-PTI The much awaited Aadhaar enabled system for direct cash transfer to beneficiaries under social schemes such as MNREGA and pension will be launched today by Prime Minister Manmohan Singh at Dudu, Rajasthan.   The payment mechanism is aimed at checking corruption and pilferage in the social sector schemes that seek to promote financial inclusion. The launch of the scheme by the Prime Minister coincides with the second anniversary of Aadhaar project, which is...

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Aadhar-Enabled Micro-ATM Delivers Money to Villagers

-Outlook Burakha (Tripura): Rampati Debbarma, a 71–year-old tribal woman of Burakha village in West Tripura district today pressed her finger on a Aadhar-enabled micro-ATM to get her old-age pension in cash. Rampati is not alone, but hundreds of old-age pensioners of this village today collected their pensions in the same way with the help of Aadhar-enabled payment system introduced here today. "Earlier I used to walk about 10 km from my village to...

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By July, cash transfers for cooking gas -Siddharth

-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...

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Cabinet clears way for direct transfer of fertilizer  subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew

-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...

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PM Manmohan Singh directs cash transfers for social welfare schemes

-The Economic Times Prime Minister Manmohan Singh has taken charge of the UPA's initiatives to directly transfer welfare benefits and subsidies into individual beneficiaries' bank accounts - a system that would plug the rampant leakages of funds earmarked for the poor via schemes such as NREGA on which the government spends over 3,00,000 crore annually. A new ministerial co-ordination committee under the PM would now fast-track the architecture for cash transfers while...

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