‘India Needs Banks In Underserved Areas, Not Aadhaar, To Deliver Direct Benefit Transfers’

‘India Needs Banks In Underserved Areas, Not Aadhaar, To Deliver Direct Benefit Transfers’

Cash transfers are projected as ‘hassle-free’ but they are anything but that for the poor: Many find it hard to withdraw cash from distant and crowded banks, or have to deal with middlemen who may demand a bribe, or encounter technology-related issues. With Aadhaar-linkages, their problems have multiplied. Mumbai : With less than a couple of months for the 2019 general elections, political parties have called for welfare schemes and programmes that will guarantee the development of disadvantaged socio-economic groups in the country.

The Pradhan Mantri Kisan Samman Nidhi (prime minister’s farmer fund) was announced by interim finance […]

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