PM forms panel on implementation of direct cash transfer scheme
26 Oct 2012 6:18 AM IST
Keeping in mind the with the plan for direct electronic cash transfer, Prime Minister Manmohan Singh set up a committee headed by him, constituted a coordination committee called the National Committee on Direct Cash Transfers, as a mechanism to coordinate action for the introduction of direct cash transfers to individuals under the various government schemes and programmes, on Thursday.
The scheme, which is expected to benefit one-fourth of the country’s population, is being introduced to check corruption and pilferage of subsidised items.
This committee will have 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. It will act as a mechanism to coordinate action for the introduction of direct cash transfers to individuals under the various government schemes and programmes, a statement from the PMO said.
The Committee would ‘provide an overarching vision and direction to enable direct cash transfers of benefits under various government schemes and programmes to individuals, leveraging the investments being made in the Aadhaar Project, financial inclusion and other initiatives of the Government, with the objective of enhancing efficiency, transparency and accountability,’ said an official release.
The scheme, which is expected to benefit one-fourth of the country’s population, is being introduced to check corruption and pilferage of subsidised items.
This committee will have 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. It will act as a mechanism to coordinate action for the introduction of direct cash transfers to individuals under the various government schemes and programmes, a statement from the PMO said.
The Committee would ‘provide an overarching vision and direction to enable direct cash transfers of benefits under various government schemes and programmes to individuals, leveraging the investments being made in the Aadhaar Project, financial inclusion and other initiatives of the Government, with the objective of enhancing efficiency, transparency and accountability,’ said an official release.
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