Govt's direct cash transfer scheme anti-poor: CPI-M

Calls it a policy shift away from provision of foodgrains, kerosene and fertilisers

PTI | November 29, 2012



The Government of India's direct cash transfer scheme is "anti-poor" as it would actually cut subsidies due to the high inflation rate and not cover the rising prices of foodgrains, the CPI(M) on Wednesday said opposing the move.

Observing that the government has declared that once the system was in place, the policy would be extended to food, kerosene and fertilisers, the Left party said, "In a period of high inflation, cash transfers to replace public goods such as these is to actually cut subsidies, since the cash to be transferred will not cover the increased costs of the same amount of subsidised foodgrains."

In a statement, the CPI(M) Politburo said, "This will have an adverse impact on increasing malnutrition and hunger."

Noting that the Congress had dubbed direct cash transfer as a "game changer", it said the scheme was "indeed a game changer whose rules are weighted against the poor, in favour of the UPA-II Government's obsessive commitment to cut subsidies to the working people".

Opposing the move, the CPI(M) said it was "a policy shift away from provision of foodgrains, kerosene and fertilisers instead of providing for a universal Public Distribution System at controlled prices. It also objected to linking MNREGA wages to the AADHAR card, saying experts have repeatedly pointed out that biometric identification for manual workers has a high 20 per cent margin of error as fingerprints of such workers change. It was a similar problem for senior citizens.

"Without any discussion in Parliament on the proposed Bill for Unique Identity Cards to push through such changes, which will have far reaching implications for manual workers is unacceptable," the Politburo said.

As far as scholarships and pensions are concerned, most of these schemes were already cash transfer schemes through bank accounts and were fiscal neutral, the CPI(M) said, adding that the amounts and also the coverage should be increased and linked to the price index.

Comments

 

Other News

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter