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Direct cash transfer scheme rolls out in 20 districts Tuesday
Monday December 31, 2012 05:38:32 PM,
IANS
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New Delhi: The
government will start direct cash transfer of subsidy to bank
accounts of beneficiaries in 20 districts from Tuesday, Finance
Minister P. Chidambaram said Monday.
The Direct Benefit Transfer system will be implemented in seven
schemes such as scholarships and old age pensions from Jan 1. A
total of 26 schemes will be covered under it.
The system will be rolled out in various schemes according to the
due date of payment.
Announcing all this at a news conference here, Chidambaram said
the government has identified 43 districts in which the scheme
will be rolled out by the beginning of March.
"The scheme will be rolled out in 11 more districts on Feb 1 and
12 more districts will join on March 1," said Chidambaram, adding
the scheme would be implemented in all the districts of the
country by the end of 2013.
Chidambaram said the government has no intention to provide cash
subsidy for food, fertiliser and petroleum products.
"At this stage there is no intention to transfer the subsidy on
food, fertiliser, diesel and kerosene. The existing system will
continue," he said.
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