India\'s deployment of cash transfer scheme is a logistical marvel: IMF
Deccan ChronicleWashington: India's deployment of a direct cash transfer scheme and other similar social welfare programmes is a “logistical marvel”, the International Monetary Fund said on Wednesday. “In fact, just because of the sheer size of the country, it is a logistical marvel how these programmes that seek to help people who are at low-income levels reach literally hundreds of millions of people,” he said in response to a question on the impressive direct cash transfer programme being successfully implemented by the Indian government. “But in other countries, also, there is greater use of sending money through mobile banking to people who actually do not have a whole lot of money, but they have a cell phone,” Mauro said. Observing that the IMF is collaborating with India on the application of new technologies, Vitor Gaspar, Director of the Fiscal Affairs Department, said that India is “one of the most inspiring examples of the application of technology to solve very complicated issues of targeting support to the people who need it most”.
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IMF hails India’s digital cash transfer scheme as a ‘logistical marvel’
Op India
India's deployment of cash transfer scheme is a logistical marvel: IMF
The Hindu
'A logistical marvel': IMF hails India's direct cash transfer scheme
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