Monday, December 31, 2012

India Cash-Transfer Program to Start Tuesday

NEW DELHI--India's federal government Monday said it will transfer cash benefits for scholarships and welfare programs directly to the recipients from Tuesday onwards, but added that the system won't immediately cover subsidies on food, fuel and fertilizers.
The government needs to resolve some complex issues before these subsidies can be added to the cash transfer program, Finance Minister P. Chidambaram told reporters at a press conference. READ MORE

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