Voice of America: India Replaces Subsidies for the Poor with Cash Transfers

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

India Replaces Subsidies for the Poor with Cash Transfers Jan 11th 2013, 13:21 In India, the government has begun rolling out an ambitious plan to replace subsidies with direct cash payments in a bid to eliminate graft. The government says the cash transfer plan will benefit millions of poor people, but questions have been raised about how it will work. Since the start of the new year, 245,000 people across 20 districts in India are getting pension and scholarship money transferred directly into their bank accounts, instead of having to wait to receive it from post ... Media files: 0EC0FF10-4E6D-48F6-8A83-C0B83A75BA9B_cx0_cy4_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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