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Cash transfer scheme to be rolled out in 20 districts from tomorrow

Source : ANI
Last Updated: Mon, Dec 31, 2012 11:10 hrs

Union Finance Minister P. Chidambaram on Monday said the direct cash transfer scheme will be rolled out in only 20 districts from Tuesday.

"The scheme will be rolled out in 11 more districts from February 1 and in 12 additional districts from March 1," Chidambaram told media here.

Food, fertiliser, diesel and kerosene subsidy will not be transferred in cash to beneficiaries, Chidambaram added.

The scheme aims at providing benefits of several government welfare schemes directly to the beneficiaries' Adhaar-enabled bank accounts to plug leakages and reduce delays in their transfer.

A total of 26 schemes are to be covered under the direct cash transfer system. The system will be rolled out in various schemes according to the due date of payment.

Some of the programmes to be covered under the new system include scholarships, pension for the old and disabled and wages under Mahatma Gandhi National Rural Employment Guarantee Act. (ANI)




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