Cash Transfer rollout in 20 districts on January 1: FM

Finance Minister P Chidambaram has said that the Aadhaar based Direct Cash Transfer rollout will be launched in 20 districts on January 1. While responding to reporters at a press conference at Shastri Bhawan in New Delhi, he said that the food, fertilizer, diesel and kerosene subsidy will not be transferred through this scheme. He also informed that cash subsidy scheme will be launched in 11 districts on February 1 and in 12 districts on March 1. Initially 7 schemes will be covered under this scheme and by the end of March, 26 schemes are expected to be brought under the Direct Transfer scheme. The government is hopeful of covering the entire nation under this scheme by the end of next year.

In reply to question why some subsidies have been left out of this scheme, PC said that we will cover all the schemes under DCT implementation slowly. We are not going to do these entire things in a hurry. We will implement this slowly and slowly to synchronize the system with the model.  He also said that states like Delhi are in favour of food subsidy to be used through this scheme while Chhattisgarh is against it.

P Chidambaram was accompanied by Manish Tiwari who said that the beneficiary will get the full amount as transferred to his/her account by the government. Mr. Chidambaram said that if the government is transferring Rs.1000 in your account then you will get credit of Rs.1000 without any type of loss in that amount. Replying to another question regarding the title ‘Aapkaa Paisa Aapke Haath’, he said that the title is justified with the way of the scheme as the beneficiary will get his/her benefits directly into his hands. There will be a direct transfer of the cash so it is right to call it as ‘Aapkaa Paisa Aapke Haath’.

Finance Minister also informed about special session that will be setup to formulate and passing of laws that will deal with the procedural aspects. He also said that a 3 members committee has been setup that will submit its report regarding making amendments in the laws within 30 days and on receiving that report the government will examine it and then reach to any conclusion. He was representing at the Press Information Bureau at Shastri Bhawan in New Delhi along with Union Minister of State Mr. Manish Tiwari. He also said that those who do not have their Aadhar cards will not be denied of any type of benefits from the government.

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