PM unveils direct cash transfer scheme
New Delhi: In an ambitious policy initiative that could prove to be a game-changer for UPA-II, Prime Minister Manmohan Singh late on Monday announced the direct cash payout of subsidies to beneficiaries from January 1, 2013.
The subsidy amount would be transferred to beneficiaries' bank accounts linked to Aadhaar cards. The scheme is expected to cut down waste and corruption in distribution of subsidised items, the prime minister said, chairing the first meeting of the National Committee on Direct Transfers.
He asked all ministries "to work in right earnest" for implementation of this pioneering initiative and also exhorted the departments to work in close coordination to enable poor people to open bank accounts smoothly.
Initially, the government will implement the scheme for cash transfer to the beneficiaries' accounts in 51 districts from January 1, 2013. The scheme will be worked in 18 states from April and in the rest of the country later in 2013, the prime minister said. The scheme will be operationalised by leveraging the Aadhaar platform.
BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.
Date 23-02-14, Duration 1:43, Views 62989
Date 23-02-14 1:43
Tooltip Information:AAP's alliance with Cong. a suicide: BJPVideo by:Description: BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.Rating: 3.4Views: 62989
Date 23-09-14 11:38
Tooltip Information:South Asia Newsline - 23 September 2014Video by:Description: Jubilant supporters of presidential designate, Ashraf Ghani Ahmadzai took to the streets of Afghanistan as soon as the news came out about the agreement that would allow him to be the next president. Residents of capital Kabul said the new national government can take the country forward to a better future. The months long uncertainty ended on Sunday after Ghani and his rival Abdullah Abdullah entered into a deal, allowing the Election Commission to announce the results. According to the new arrangment, Ghani will be the President of the country while Abdullah will be holding the office of the Chief Executive Officer, with powers similar to Prime Minister. Outgoing Afghan President Hamid Karzai who was also present at the occasion expressed satisfaction over the deal.Rating: 5Views: 874
Date 15-09-14 1:06
Tooltip Information:Swedish PM Fredrik Reinfeldt to resign after losing to Left oppositionVideo by:Description: Sweden, Sep 15 (ANI): Swedish Prime Minister Fredrik Reinfeldt concedes his defeat after opposition center-left alliance, led by the Social Democratic Party, beat the incumbent center-right government in the 2014 parliamentary election. Reinfeldt is to resign on Monday after the defeat. He also told supporters in Stockholm late yesterday that he will also step down as leader of the conservative Moderate Party next year. According to Swedish Parliament website, the final election results are expected to come out on September 20 and the newly elected parliament will convene on September 29.Rating: 4.5Views: 566
Date 13-09-14 2:39
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Date 1 hr ago 6:51
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Date 1 hr ago 1:21
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