Ummid Assistant

Applications open for Manmohan scholarship at Cambridge

IIM-Trichy to offer short courses too at Chennai centre

Welcome Guest! You are here: Home National

Potential game changer: Direct cash transfers set to begin

Saturday November 24, 2012 07:04:05 PM, IANS

Related Article

Cash transfer of subsidy from Jan 1: Chidambaram

The government will start direct cash transfer of subsidy amount to beneficiaries in 51 districts from the beginning of the next year and targets to introduce the new programme across the country by the end of 2013, Finance Minister P. Chidambaram said Saturday.  

New Delhi: In preparation for the launch of the UPA government's direct cash transfer (DCT) of subsidies and welfare schemes to millions of people, Prime Minister Manmohan Singh will Monday hold the first meeting to roll out the ambitious project which it hopes would be a game changer for the government and the nation.

The subsidies and schemes are worth Rs.3.23 lakh crore ($65 billion) and the DCT is scheduled for launch Jan 1.

The DCT, a new system under which the beneficiaries receive cash directly in their bank accounts, is expected to enable delivery of the government's subsidies and welfare measures to the intended targets without pilferage.

The project will be launched about 15 months ahead of the 2014 general elections.

Manmohan Singh heads the national committee on DCT, set up in September, with 11 cabinet ministers, two ministers of state and others. The will coordinate action for the introduction of DCT to individuals.

The national committee's meeting comes 17 days after the executive committee for DCT -- headed by the prime minister's principal secretary Pulok Chatterji -- met Nov 9 and set the Jan 1 deadline for launching the project in 51 districts of the country.

The scheme will cover 18 states and union territories by April 2013 and it will be extended to 16 more states and union territories by April 2014, according to sources in the prime minister's office (PMO).

The DCT architecture, being anchored by the planning commission, involves departments of financial services, unique identity authority (Aadhaar), information technology, expenditure, posts, rural development, social justice and empowerment, tribal affairs, minority affairs, higher education, school education, health and family welfare, women and child development, labour and employment, petroleum and natural gas, fertilizers, and food and public distribution.

The executive committee, in its meeting Nov 9, had asked all the departments to send a list of schemes, road maps, and time lines for the DCT project to the planning commission and the PMO by Nov 20.

The ultimate aim of this move is "a completely electronic cash transfer system for the entire population", an official in the PMO said.

It was aimed to "cut down wastage, duplication and leakages and enhance efficiency" in the delivery of welfare schemes, as also to "improve targetting, reduce corruption, eliminate wastage, control expenditure and facilitate reforms".

"The new system is expected to benefit a quarter of India's households. It could mean several millions of people will be beneficiaries," the official said.

The government, the official said, could immediately roll out the cash transfer scheme for certain welfare schemes such as scholarships and pensions and unemployment allowance, as pilot projects had been executed in certain parts of the country, including in East Delhi.

The Unique Identity Authority of India (UIDAI), which is implementing the Aadhar scheme, has already enumerated around 200 million people from 2006 to now and has a target of reaching 600 million people within the next 18 months.

However, with regard to public distribution system and fuel subsidies, the cash transfer scheme would take more time to implement.




Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS



More Headlines

A 'Pakistan' where Kasab's hanging was celebrated

'Include haemophilia, thalassaemia in benchmark disabilities'

Is SP playing 'dangerous' politics with Muslims?

Suspected militants kill Assam cop

Hybrid device can print implantable cartilage

Nano particles protect brain from nerve disease

Two killed in Paris bar shooting

Sohrabuddin staged shootout: Nine remanded to judicial custody

Facebook outrage: Inquiry report indicts policemen involved in arrests

Another day lost as FDI logjam continues in parliament

India successfully test fires missile interceptor

Fresh map row erupts between India and China


Top Stories

Lokpal report tabled in Rajya Sabha

The bill was passed by the Lok Sabha at the end of the winter session last year. It was sent to the select committee in the budget session after several objections were raised on its present form.  

Salient features of Lokpal bill

Lokpal bill sent to select committee of Rajya Sabha


  Most Read

Facebook outrage: Inquiry report indicts policemen involved in arrests

A report on the arrest of two girls for their Facebook comments questioning the shutdown in the city after Shiv Sena patriarch Bal Thackeray's death has been submitted  

Is SP playing 'dangerous' politics with Muslims?

Uttar Pradesh Chief Minister Akhilesh Yadav and his father, Samajwadi Party (SP) chief Mulayam Singh Yadav, have time and again expressed their indebtedness to Muslims for voting them to power in the assembly elections earlier this year. "Many innocent Muslim youths have been framed 


  News Pick

Joshi under attack on 2G report from ex-CAG official, Congress

A former CAG official, who dealt with the 2G audit, Friday rubbished the Rs.1.76 lakh crore ($35 billion) presumptive loss findings and claimed that BJP leader Murli Manohar Joshi influenced the final audit report, giving 

Why a military coup is impossible in Russia

Tough-talking President Vladimir Putin, under whom tens of thousands of servicemen were handed apartments and enjoyed substantial salary raises, enjoys a certain popularity among the military, something  

Fresh map row erupts between India and China

With China showing Arunachal Pradesh and Aksai Chin as part of its territory in maps of the country in their new e-passports, India has countered the Chinese assertiveness by issuing visas to Chinese nationals containing Indian maps including these regions as part of it. In a move bound to upset  

Hundreds march to Parliament protesting arrests of Muslim youths

"Infiltration of communal elements into police and intelligence agencies is responsible for all the agonies faced by innocent people in terror related cases. It is bringing shame to the law enforcement 


Picture of the Day

President Pranab Mukherjee at the National Education Day 2012 function to commemorate the birth anniversary of Maulana Abul Kalam Azad, in New Delhi on November 11, 2012.

(Photo: Sanjiv Misra)


Recommend the story to your friends



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us


The Funny Side

Education & Career

    Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

2012 Awaz Multimedia & Publications. All rights reserved.