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English Release 19-September 2014
Date Month Year
  • President's Secretariat
  • Foreign Minister of Bangladesh calls on President
  • Speech by The President of India, Shri Pranab Mukherjee at the banquet hosted in honour of the President of The People’s Republic of China, H.E. Mr. Xi Jinping
  • Prime Minister's Office
  • PM receives Foreign Minister of Bangladesh
  • Melinda and Bill Gates call on the Prime Minister
  • PM reviews preparations for launch of Mission Swachh Bharat
  • PM condoles the passing away of renowned musician Uppalapu Shrinivas
  • Department of Atomic Energy
  • DAE Clarification on Media Report Citing Cancer Deaths in Atomic Energy Hubs Say’s Report is a Malicious Distortion of Facts
  • Min of Agriculture
  • 120.27 Million Tonnes of Foodgrains Production Estimated
  • All Round Development of the Agro Sector is the Highest Priority of the Government- Radha Mohan Singh
  • Min of Chemicals and Fertilizers
  • Assam Gas Cracker Project
  • Min of Commerce & Industry
  • PM Nominates Adil Zainulbhai as New QCI Chairman
  • Min of Culture
  • Statement of Minister of State (Independent Charge) for Tourism and Culture Shri Shripad Naik at the Press Conference on Initiatives, Achievements and Policies
  • Min of Defence
  • Op Megh Rahat Rescue Operations Completed
  • Min of Earth Science
  • Atlas on Wave Related Information
  • Ministry of Finance
  • Bill & Melinda Gates Foundation (BMGF) Offers Help in Monitoring the Progress Made With Regard to Pradhan Mantri Jan-Dhan Yojana (PMJDY)
  • Min of Health and Family Welfare
  • PRESS NOTE
  • Dr Harsh Vardhan revives National Cancer Awareness Day
  • Min of Home Affairs
  • All Candidates of NDA and NA Examination (II), 2014 Who Have Opted for Srinagar (J&K) as Examination Centre
  • Indian Meteorological Department weather forecast of heavy rain in some states
  • Stakeholder Consultation Workshop on Post-2015 Framework on Disaster Risk Reduction
  • Important Instructions for the Candidates for Appearance in Personality Test Boards of Combined Geo-Scientist and Geologist Examination, 2014
  • Text of the Union Home Minister, Shri Rajnath Singh’s Address at the Sixth Meeting of SAARC Ministers of Interior / Home at Kathmandu on September 19, 20014
  • India Proposed to Establish SAARC Centre for Good Governance
  • Min of Housing and Urban Poverty Alleviation
  • Real Estate Regulation Bill seeks to enhance credibility of the sector, says Shri M.Venkaiah Naidu
  • Min of Information & Broadcasting
  • I&B Minister launches News SMS Service in 5 Indian languages
  • Min of Minority Affairs
  • National Minority Commission Extends Sympathy and Support to J&K Flood Victims
  • Min of Personnel, Public Grievances & Pensions
  • Combined Geo-Scientist and Geologist Examination, 2014
  • Combined Geo-Scientist and Geologist Examination, 2014
  • Gates Foundation announced USD 7 lakh for J&K relief operations
  • Min of Petroleum & Natural Gas
  • Supply of essential Petroleum Products in Jammu & Kashmir augmented;
  • Global crude oil price of Indian Basket was US$ 96.17 per bbl on 18.09.2014
  • Ministry of Railways
  • Railways to Run Premium (Bi-Weekly) Super Fast Special Train Between Ahmedabad & Shri Mata Vaishno Devi Katra
  • Railway Minister Announces Setting up of A State-of-the-Art Training Centre for Railway Protection Force at Maula-Ali, Secundedrabad
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • Out of Pocket Allowance for the athletes and coaches enhanced for Asian Games 2014
  • Ministry of Tourism
  • Achievement/ Initiatives of Ministry of Tourism
  • Min of Urban Development
  • Shri M.Venkaiah Naidu and Shri Bill Gates discuss partnership in sanitation project
  • Ministry of Water Resources
  • WAPCOS Presents Dividend Cheque to Uma Bharti
  • Storage Status of 85 Important Reservoirs of the Country as on September 18, 2014
  • Min of Women and Child Development
  • Union Minister of Women & Child Development Meets Melinda & Bill Gates

Previous Date

 
Prime Minister's Office28-September, 2012 18:40 IST
Prime Minister sets up the Architecture for Cash Transfers
Thrust to Improve Targeting & Reduce wastage & leakages and increase transparency

            In a move to cut down wastage, duplication and leakages and enhance efficiency, the Prime Minister has given a major push to transfer individual benefits from the Government directly into the bank accounts of beneficiaries. This is to be done in a fast-track, accelerated mode to be achieved in a time bound manner. The idea is to move to a completely electronic Cash Transfer System for the entire population.

            In order to accelerate the process, which currently is being tried in pilots on a small scale and whose results are very encouraging, the Prime Minister has set up the architecture for moving to electronic Cash Transfers leveraging Aadhaar.

1.         Architecture for Cash Transfers

            In order to speed up activity and ensure that the shift to electronic Cash Transfers can be rolled out rapidly, the Prime Minister has set up the Architecture for Cash Transfers which will be the coordination mechanism. This architecture will consist of:

i.          National Ministerial Committee - under the Prime Minister with membership of all concerned ministers (Finance, IT, Social Justice, HRD, Minorities, Labour, Health, Food, P&NG, Fertilizers, Planning Commission, UIDAI,). This committee at the highest level would ensure coordination and decision-making at the highest level and impart the necessary urgency to the program.

ii.          National Executive Committee - with the Secretaries of all concerned Ministries as members. This committee would meet frequently to coordinate action, ensure adherence to time lines and sort out hitches in the program as it is rolled out.

iii.         Implementation Mission and Committees - to work on and finalise all operational and implementation details relating to the design and operation of the transfer system. There is a lot work needed to have a smooth roll-out and has to be done in a Mission mode with multiple agencies acting in a coordinated manner.  The Mission will have the following sub-committees:

a.         Cash Transfer Mission - Technology Committee -to focus on the technology, architecture and IT issues.

b.         Cash Transfer Mission - Financial Inclusion Committee - to focus on ensuring Universal Access to Banking and achieving complete Financial Inclusion.

c.         Cash Transfer Mission - Electronic Benefit Transfer (EBT) Committees - to work out the details relating to EBT such as data bases, transfer rules, controls, audits, etc. There would be one for each Ministry which is engaging in benefit transfers.

            The milestones and timeliness for each of these Committees will be clearly laid down.  The National Executive Committee will monitor progress and ensure timely roll-out.  This scheme will have a momentous impact on the government's various social programmes and help million of beneficiaries.

2.         Background to Aadhaar:

            With the rapid rollout of Aadhaar, now covering 20 crore people and rapidly growing to 60 crores, and with the National Population Register covering the other half, it is possible to move to a system of transferring cash benefits directly to the poor.

            A Cash Transfer System can be used for transferring cash benefits such as NREGA Wages, Scholarships, Pensions, Income support of other types and Health Benefits. Electronic Transfer of Benefits (ETB) is a simple change as the transfers are already taking place and the only modification that would be involved is a movement from a paper based, cash driven system to an electronic direct transfer system.

            Cash Transfer System would improve targeting, reduce corruption, eliminate waste, control expenditure and facilitate reforms.

 

3.         Pilots

            The results of pilots are encouraging. Electronic Benefit Transfer (EBT) has already begun in many cases. The Government and RBI have issued Guidelines to Banks for implementation of EBT. Pilots are under implementation, including in AP, Chhattisgarh, Punjab, Rajasthan, TN, WB, Karnataka, Puducherry and Sikkim. 

***

 

SC/SKS

 


(Release ID :88048)

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