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Cash transfers committee to meet on 26 Nov

FP Archives December 20, 2014, 14:05:15 IST

The National Committee on Cash Transfers will review the progress of implementation of direct cash transfers and provide guidance for mid-course corrections.

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Cash transfers committee to meet on 26 Nov

New Delhi: A high-powered committee set up by Prime Minister Manmohan Singh to ensure direct electronic cash transfer of subsidies under various government welfare programmes will hold its first meeting on 26 November.

“The first meeting of the National Committee on Direct Cash Transfers to be chaired by the PM will be held on 26 November,” sources close to the development said.[caption id=“attachment_519417” align=“alignleft” width=“380”] Prime Minister Manmohan Singh. Image courtesy PTI[/caption]

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The scheme on direct cash transfer is being introduced with an aim to check corruption and pilferage in distribution of subsidised items.

The committee was set up last month to determine broad policy objectives and strategies for direct cash transfers and identify government programmes and schemes for which direct cash transfers to individuals can be adopted.

The committee has 11 cabinet ministers, two ministers of state with independent charge, the deputy chairman, Planning Commission, the chairman UIDAI and the cabinet secretary as its members.

The committee will suggest the extent and scope of direct cash transfers in each case besides specifying timelines for the rollout of scheme.

It will coordinate with various ministries and departments involved in enabling direct cash transfers and ensure timely, coordinated action to ensure speedy rollout of direct cash transfers across the country.

The National Committee on Cash Transfers will review the progress of implementation of direct cash transfers and provide guidance for mid-course corrections.

PTI

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