In a move that could revolutionise the subsidy payment mechanism for LPG cylinder and kerosene oil to the beneficiaries, especially the poor, and change the fertilizer subsidy payment mechanism for the farmers, the Unique Identification Authority of India (UIDAI) has suggested direct cash transfer through banks and ATMs to the targeted groups to ‘plug leakages' in the implementation of these schemes. The move is also likely to revamp the working of...
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Cash cure for leaky PDS by Anirban Bhaumik
The Government proposal to make cash transfer in place of food grain to poor families has drawn mixed reactions. Raghuvir Nagar on the western outskirts of Delhi has of late turned into a turf for a war between two schools of thought. The war has not been limited to campaigns and debates and purportedly escalated to the level of allegations, even intimidation, so much so that the Government of the national...
More »Cash for kerosene instead of subsidy
-PTI Delhi may soon become the first city in the country to give cash instead of subsidized kerosene to BPL families, a move aimed at controlling widespread pilferage of the fuel. As per the proposal put forth by chief minister Sheila Dikshit, cash equivalent of the monthly kerosene subsidy will be directly transferred to the bank account of the female head of the family. A BPL family is likely to...
More »BPL families to get Rs 400 for kerosene & LPG by Chetan Chauhan
Every family below poverty line may get over Rs 400 per month from the government from April next year in lieu of fuel subsidy for kerosene and liquefied petroleum gas cylinders as part of India's first direct cash transfer scheme. The move, which is expected to be considered by Empowered Group of Ministers (EGoM) on June 9, is aimed at checking use of kerosene for fuel adulteration and reduce financial...
More »Price of delay
-The Business Standard Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...
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