Cash Transfer

A new study by US-based researchers finds widespread social change and that preference for a girl child continues even after discontinuation of the schemed

The IMF has described India's deployment of a direct cash transfer scheme and other similar social welfare programmes as a "logistical marvel", saying there is a lot to learn from the country which is one of the most inspiring examples of the application of technology to solve complicated issues. The aim of DBT (Direct Benefit Transfer) is to transfer the benefits and subsidies of various social welfare schemes directly in the bank account of the beneficiary on time by bringing efficiency, effectiveness, transparency and also to eliminate the intermediary body. According to the government data, more than Rs 24.8 lakh crore has been transferred through Direct Benefit Transfer (DBT) mode since 2013, Rs 6.3 lakh crore in the financial year 2021-22 alone; on an average over 90 lakh DBT payments are processed daily as per data of FY22. "From India, there is a lot to learn. There is a lot to learn from some other examples around the world. We have examples from pretty much every continent

The Bank should align its priorities with the growing trend in poor countries to adopt cash transfers and a universal basic income.

A staggering sum of Rs 700 crore might have gone into the wrong hands so far, a cursory verification by the Finance Department has established.

These challenges can be substantively tackled if the design of DCT is optimal

So far, states have transferred around Rs 5,000 crore, which is merely 16 per cent of the total cess funds of Rs 31,000 crore accumulated through the collection of cess from employers.

Factory and establishment survey is critical to assess employment conditions in organised as well as unorganised sectors, the report said

This includes 1.79 million construction labourers, 881,000 urban labourers and 659,000 destitute in the rural areas of the state

NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.

In a Q&A, T V Somanathan says govt's actions aren't driven by any fear of a ratings downgrade; what migrants needed more than cash transfers is free food, which the Centre provided

Govt study finds pilots in these UTs not successful in achieving target even after a year