Our PM Dr.Manmohan Singh has launched direct cash transfer schemes.
Under Aadhar programme, the workers need to be paid. MNREGA schemes were getting controversial because money meant for the poor never reached them. The middlemen siphoned off money and only a fraction of what was meant for the poor reached them. Also government needs to pay subsidies to poor. Here too, corruption prevented poor from getting the money due to them.
Now, our PM has planned for direct cash transfer scheme. This will ensure that money can be transferred to a poor man's bank account. This is a very big achievement for the government.
Will there be loopholes? Yes, it is possible that loopholes may be there. What if there are two Raghus? Duplicate Raghu may be getting credit in his account in place of actual Raghu. Clearly this problem is a bank's problem. Because they have not verified the records of the person opening the account. Or it might be inefficiency of MNREGA officials for not confirming bank account.
India must develop working in a professional way. The problem area should be clearly identified and clear cut actions need to be taken. This is very important. Without good administration direct cash transfer scheme can be dangerous. Because money can go to wrong hands and then the money cannot be taken back. How can someone say "Give back 1 lakh rupees because I gave you wrongly"?
Under Aadhar programme, the workers need to be paid. MNREGA schemes were getting controversial because money meant for the poor never reached them. The middlemen siphoned off money and only a fraction of what was meant for the poor reached them. Also government needs to pay subsidies to poor. Here too, corruption prevented poor from getting the money due to them.
Now, our PM has planned for direct cash transfer scheme. This will ensure that money can be transferred to a poor man's bank account. This is a very big achievement for the government.
Will there be loopholes? Yes, it is possible that loopholes may be there. What if there are two Raghus? Duplicate Raghu may be getting credit in his account in place of actual Raghu. Clearly this problem is a bank's problem. Because they have not verified the records of the person opening the account. Or it might be inefficiency of MNREGA officials for not confirming bank account.
India must develop working in a professional way. The problem area should be clearly identified and clear cut actions need to be taken. This is very important. Without good administration direct cash transfer scheme can be dangerous. Because money can go to wrong hands and then the money cannot be taken back. How can someone say "Give back 1 lakh rupees because I gave you wrongly"?