Union Finance Minister P Chidambaram: Direct cash transfer scheme to help cash benefits reach people without hindrance of middlemen

3/31/2013
Union Finance Minister P Chidambaram has said that the direct cash transfer scheme will help cash benefits reach people without the hindrance of middlemen. He was speaking after opening community halls built under MPLAD fund at Azhavidangan, Keezhayur in Sivaganga, Tamil Nadu.

The minister pointed out that at present only a percentage of the total benefit announced by government is reaching the people because of leakages. He said that to get the benefits all people should open accounts in banks or post offices compulsorily.

He said old age pension, student scholarships and many other cash subsidies and benefits will be operated through Direct cash transfer scheme. He urged the rural people to give higher education to their children using the educational loans provide by banks.
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