IMF praised India's direct cash transfer scheme, saying - this scheme is nothing short of a miracle

Posted on 13th Oct 2022 10:22 am by rohit kumar

The International Monetary Fund (IMF) on Wednesday praised India's direct cash transfer scheme. Along with this, it was called a 'Logistical Marvel'. Also said that it is a big deal to successfully implement such a scheme in a big country like India.

 

Paolo Mauro, deputy director of the Department of Financial Affairs at the IMF, said in a press conference that we need to learn a lot from India. We have people of all income groups in every continent of the world. If we look at the record of taking government schemes to the people, then the performance of India is quite impressive.

 

Direct cash transfer scheme told miracle

When asked about the direct cash transfer scheme of the Government of India, he said that considering the size of India, it is a miracle how the benefits of government schemes directly reached crores of people belonging to the low-income group.

 

Great use of technology

In India, priority has been given to women, old people, and farmers among the beneficiaries of such schemes. Along with this, a lot of technology has been used to identify the beneficiaries. Along with this, technology innovation has also been resorted to for disbursing funds from the government.

 

The big advantage of Aadhaar card

Pointing to the Aadhaar card, Paolo Mauro further said that technological innovations such as the Unique Identification System have helped the government to provide direct help to the people. Aadhar card has a big contribution in making the direct cash transfer scheme successful.

 

Also Read: IMF gave a feel-good statement on India's economy, saying - only hope for India amid the worldwide recession

Other news

Emergency declared in New York due to severe snow storm, President Biden orders to provide assistance

US President Joe Biden has declared a state of emergency in New York badly affected by the 'histo

If you want to get relief from air pollution then you will have to hurt its sources and advice of agencies involved in dealing with pollution

It is difficult to stop air pollution during a growing economy and rapid development, but it is n

Asia Cup: Good news for the fans of Team India! Shreyas Iyer and Jasprit Bumrah may return from Asia Cup

Pakistan is hosting the upcoming edition of the Asia Cup. He will organize this tournament under

Asian Games 2023: PM Modi congratulated India on its 'century' in the Asian Games, and will meet the players on October 10

India's excellent performance continues in the ongoing Asian Games 2023 in Hangzhou, China. India

Bushra-Azeem of 3 to 3 feet of each other: CM Yogi and Salman had even pleaded - get me married

The years-old dream of Azim Mansoori, who lived in Kairana, Shamli, Uttar Pradesh, came true on W

Article 370: With the decision of the Supreme Court, development, democracy, and dignity are now established in Jammu and Kashmir.

The Supreme Court has made a historic decision to abrogate Articles 370 and 35 (A). The apex cour

Captain Miller: First look of Dhanush's film 'Captain Miller' released, actor seen standing on the battlefield

Tamil superstar Dhanush is in tremendous headlines these days for his upcoming film Captain Mille

Ind vs Eng: KL Rahul will not do wicketkeeping in the series against England, two wicketkeepers got a place in the team, and Dhruv Jurel will debut

KL Rahul will not play as wicketkeeper in Ind vs Eng: KL Rahul will not play wicketkeeper in the

Remember Saeed Ajmal and Shoaib Malik dropping catches... The same scene seen in TNPL, will not stop laughing after watching the video

You must remember that catch of the year 2008 when Pakistan's Saeed Ajmal and Shoaib Malik could

Pulwama Terror Attack: 'The sacrifice of the martyrs will always be remembered', PM Modi pays tribute to the soldiers on the 5th anniversary of the Pulwama attack

Today, five years since the terrorist attack that took place on 14 February 2019 in Pulwama, Srin