• search
For Quick Alerts
For Daily Alerts

Cash transfer benefit will be available by Feb-March: Montek

By Pti

Montek Singh Ahluwalia
New Delhi, Nov 30: The benefits of the cash transfer scheme to be rolled-out from Jan 1 in 51 districts will reach the intended beneficiary only by February-March, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.

In an interview to Karan Thapar for CNN-IBN programme 'The Last Word', Ahluwalia also dismissed the criticism that the government's ambitious cash transfer scheme would fuel inflation.

He favoured the suggestion that the subsidy meant for families should be transferred into the account of women.

The government proposes to roll-out the Aadhaar-enabled cash transfer for 29 schemes from Jan 1 in 51 districts, spread over 16 states.

It also plans to cover the entire nation by the end of Dec 2013. Later, the cash transfer would cover all the 42 welfare schemes being operated by the government.

"It is not my understanding that on Jan 1 every scholarship in these districts is going to be paid out through Aadhaar. Rather we are starting the roll out process but could take a month or two thereafter," Ahluwalia said.

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

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

On the possibility of cash transfer scheme fuelling inflation, 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 of farmers and consumers.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more