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Direct Cash Transfer scheme to cover all districts by year-end

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Currently being implemented in 51 districts the scheme will be extended to more than 700 districts across the country by this year end

Currently being implemented in 51 districts, the scheme will be extended to all the districts across the country by this year end

New Delhi: The direct cash transfer scheme, currently being implemented in 51 districts will be extended to all the districts across the country by this year end,Union Finance Minister P Chidambaram said.

Under the scheme, 100-day employment guarantee programme’s wages, old age pension and medical insurance will go directly to the beneficiaries’ bank accounts.

The Union Finance Minister at a function in Chennai said, in the Union Budget 2011, the government announced a direct transfer of subsidies to BPL households which is a drastic departure from the existing indirect or price subsidy system wherein subsidies are routed through manufacturers who are required to sell goods below the market rate.

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