Cash transfer benefit to be available by March next year: Montek

The benefits of the cash transfer scheme to be rolled-out from January 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahlwualia.

hidden November 29, 2012 22:08:39 IST
Cash transfer benefit to be available by March next year: Montek

New Delhi: The benefits of the cash transferscheme to be rolled-out from January 1 in 51 districts willreach the intended beneficiary only by February-March, saidPlanning Commission Deputy Chairman Montek Singh Ahlwualia.

In an interview to Karan Thapar on CNN-IBN,Ahluwalia also dismissed the criticism thatgovernment's ambitious cash transfer scheme would fuel inflation.

Cash transfer benefit to be available by March next year Montek

Montek Singh Ahluwalia. AFP.

He favoured the suggestion that the subsidy meant forfamilies should be transferred into the account of women.The government proposes to roll-out the Aadhaar-enabledcash transfer for 29 schemes from January 1 in 51 districts,spread over 16 states. It also plans to cover the entirenation by the end of December 2013.

Later, the cash transfer would cover all the 42 welfare schemes being operated by thegovernment.

"It is not my understanding that on 1 January everyscholarship in these districts is going to be paid out throughAadhaar. Rather we are starting the roll out process but couldtake a month or two thereafter," Ahluwalia said.

He further said, "Where the purpose of the transfer islinked to the benefits of a family, be it nutritional benefit,be it family benefit, it would be much better to send it tothe mother."

There may be a problem in case there is no female in thefamily, he said, adding "by and large, we ought to give to thefemale head of the family in the household".

On the possibility of cash transfer scheme fuellinginflation, Ahluwalia said, "not at all."Answering questions on FDI in multi-brand retail, he said it would help in modernising the retail to the benefit offarmers and consumers.

PTI

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