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English Release 27-March 2015
Date Month Year
  • President's Secretariat
  • President of India Confers Bharat Ratna on Shri Atal Bihari Vajpayee
  • President’s Ram Navami greetings
  • Vice President's Secretariat
  • Vice President Greets Citizens on Ram Navami
  • Prime Minister's Office
  • PM expresses grief at the passing away of Brigadier T Sailo
  • PM expresses grief at the passing away of former Union Minister Shri PR Kyndiah
  • The Director General of the International Atomic Energy Agency calls on PM
  • Text of PM’s statement to the media after the Bharat Ratna award was conferred to Former PM Shri Atal Bihari Vajpayee
  • Text of PM’s address at inauguration ceremony of “Urja Sangam-2015”
  • Historic Day for India, says PM
  • Team of First All India Services Expedition to Mt. Everest calls on PM
  • PM at Urja Sangam 2015
  • Department of Space
  • ISRO gets Gandhi Peace Prize for 2014
  • Min for Develop. of North-East Region
  • Dr. Jitendra Singh announces 'DoNER at doorstep' concept
  • Min of Agriculture
  • Radha Mohan Singh Emphasises on the Importance of Soil Health Management, Irrigation and Organic Farming
  • Sowing Area under Rabi Rice and Summer Crops
  • Price Stabilisation Fund
  • State-Wise Revised Affected Area under Rabi Crops During end of February to till date 26.03.2015
  • Min of Comm. & Information Technology
  • Commemorative Postage Stamp release on Engineers India Limited (EIL)
  • Government to Invest 10 Billion US $ in the Chip Manufacturing Facilities Coming up in Gujarat and Uttar Pradesh
  • Min of Culture
  • ISRO gets Gandhi Peace Prize for 2014
  • Ministry of Finance
  • Field Offices Under Chief Commissioners of Customs/Central Excise/Service Tax to Remain open tomorrow, 28th March, 2015 to Facilitate filing of Returns/Payment of Taxes
  • FM Stresses the need for use of more Accounted Money and Discourage of use of Unaccounted Money: Focuses on use of Plastic Money such as Credit Card, Rupay Card and Cheques in lieu of Hard Currency

  • Min of Health and Family Welfare
  • Need to enhance awareness among people to encourage organ donation: Health Secretary
  • Min of Home Affairs
  • Government declared National Mourning on March 29, 2015
  • Min of Petroleum & Natural Gas
  • Prime Minister inaugurates Urja Sangam 2015 - India’s Global Hydrocarbon Summit
  • Global crude oil price of Indian Basket was US$ 57.03 per bbl on 26.03.2015
  • Ministry of Railways
  • Report of Committee on Traffic Optimization Presented to Railway Minister within Stipulated Time
  • Suresh Prabhu Inaugurates Landmark Lumding-Silchar (Assam) Broad Gauge Railway Line Project by Flagging off A Goods Train - Bringing This Region on the National Broad Guage Railway Map
  • Min of Rural Development
  • Centre releases additional fund to Drought affected States
  • Min of Science & Technology
  • Dr Harsh Vardhan Dedicates the “Apex Metrology Laboratory” at the National Physical Laboratory in New Delhi Today
  • Min of Textiles
  • Textiles Minister inaugurates 29th India Carpet Expo
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on March 26, 2015
  • Min of Youth Affairs and Sports
  • Government plans to launch - Ek Saal Desh Ke Naam
  • NITI Aayog
  • First meeting of sub-group on rationalisation of centrally sponsored schemes held by NITI Aayog

Previous Date

 
Prime Minister's Office26-November, 2012 21:13 IST
PM's Closing Remarks at the First Meeting of the National Committee on Direct Transfers

Following is the text of the Prime Minister, Dr. Manmohan Singh’s closing remarks at the first meeting of the National Committee on Direct Transfers.

“We have just concluded a very useful round of discussions about a very important initiative that the government has taken.

The government today spends huge funds on schemes and programmes for the benefit of the common man and the under-privileged sections of society. These schemes have the potential to bring about improvements in the lives of a large number of our people provided they are targeted correctly and implemented effectively. The funds that are provisioned for direct benefits like pensions, scholarships and health-care benefits must reach the intended beneficiaries without delays and leakages. Apart from these direct benefits, the government also provides an amount of over 3 lakh crore Rupees in subsidies which too must reach the right people.

Direct Cash Transfers, which are now becoming possible through the innovative use of technology and the spread of modern banking across the country, open the doors for eliminating waste, cutting down leakages and targeting beneficiaries better. We have a chance to ensure that every Rupee spent by the government is spent truly well and goes to those who truly deserve it.

I am happy at the widespread support that I have heard across the table for Direct Cash Transfers. I have also listened carefully about the challenges that lie in our way in moving to a system of Direct Cash Transfers. In the coming days we will need to make every possible effort to address these challenges.

The twin pillars for the success of the system of Direct Cash Transfers that we have envisioned are the Aaadhaar Platform and Financial Inclusion. If either of these pillars is weak, it would endanger the success of the initiative. I would expect the Finance Ministry and the Unique Identification Authority to work in close coordination to achieve a collective goal.

To move closer towards the goal of financial inclusion, the banking system perhaps needs to integrate the post office network, especially in the rural parts of the country. It also needs to ensure that the front end infrastructure is in place all over the country, both through the existing modes of banking and through newer innovative ones, so that people have no trouble in opening bank accounts and withdrawing and depositing cash. Ideally, the common man should be able to open a simple bank account on demand if they have an Aadhaar number. This would have many other benefits too, beyond cash transfers. For banks, the increase in the number of account holders would be an investment in their own growth. The Unique Identification Authority must ensure that the coverage of Aadhaar is adequate as per the rollout plan and no one is left out. An Aadhaar number should be available on demand if beneficiaries are getting left out.

I would urge the individual ministries to work in right earnest for implementation of the Direct Cash Transfers initiative. They will need to digitize their databases, most of which are with the States, and seed them with Aadhaar numbers. You will be provided help by both the Unique Identification Authority and the IT Ministry. But, you will in turn need to assist the States.

This is a program in which the implementation capacity of our government will be tested. We must ensure at all times that there is no duplication of effort, and technology is used to the fullest for efficiency gains.

The timelines we have set for ourselves are ambitious. Fifty one districts are to rollout from January next year and 18 States from April. And the rest of the country later in 2013. I have no doubt we can succeed in achieving these goals provided we work sincerely and collectively.

I wish you all success in your efforts to put in place a system of Direct Cash Transfers.”

***

SC
(Release ID :89481)

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