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CACP seeks cash transfer in lieu of food, fertiliser subsidies

Last Updated: Wednesday, January 02, 2013, 20:53

Government's advisory body on farm prices CACP on Wednesday suggested direct cash transfer to beneficiaries in order to rationalise food and fertiliser subsidies, which could rise to Rs 2,00,000 crore next fiscal.

Chidambaram wants direct cash transfer to cut subsidy burden

Last Updated: Saturday, September 15, 2012, 18:27

Direct cash transfers would bring down the subsidy burden as the money would go directly to the "genuine" beneficiaries and "plug leakages" in the implementation of these schemes, he said.