banking, ID, India, transactions, UID, welfare

India: Direct cash transfers for welfare beginning January 1

Aadhaar-based cash transfer in 51 districts (Hindustan Times)

The government will launch direct cash transfer in 51 districts from 1 January and cover the entire country by April 2014, just ahead of the next Lok Sabha elections. The Prime Minister’s Office on Friday cleared the roadmap to implement the UPA-2’s ambitious project that could see the government crediting nearly Rs. 2,000 billion — around 40 % of Centre’s plan budget — straight into bank accounts of millions of beneficiaries of government schemes across the country.

For some background on the pilot projects and how they have gone, check out this article at the Deccan Herald. The headline is pretty harsh but the article is very thorough.

Exciting times for UID and India.

Previous ArticleNext Article
Translate »