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Tuesday, November 27, 2012

Govt to Launch Cash Transfer Scheme in 51 districts from January 1,2013


Benefits under 29 welfare schemes being operated by different ministries would be transferred through Aadhaar-enabled bank accounts in 51 districts spread over 16 states from January 1,2013Finance Minister P Chidambaram said here on Tuesday Nov 27,2012.


At present, government operates about 42 schemes, of which 29 would be covered by the cash transfer scheme that is to be launched from January 1, 2013 in 51 districts. The second roll-out to cover more districts would be launched in April 2013, he said.

The scheme of cash transfer into bank accounts, the minister said, would enable the government to extend benefits to the needy at the click of a button without any fear of misuse or duplication.

With the introduction of the direct cash transfer scheme, Chidambaram said, "falsification and duplication will be practically eliminated and I believe that (it) would result in considerable savings to the exchequer." 

The scheme’s purpose, from the briefing given by the two Ministers( FM P Chidambaram and Rural Development Minister Jairam Ramesh) accompanied by party spokesperson P.C. Chacko at the Congress headquarters, appeared twofold -
(1) to send out a message to the aam aadmi, particularly the poor, that this was a government that cared for them, and
(2) to make a serious effort to put an end to corruption. 

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