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

Metro pillar collapse: Many officials suspended in connection with the collapse of the under-construction Metro pillar in Bengaluru

The Bengaluru Metro Rail Corporation Limited (BMRCL) on Wednesday suspended the Deputy Chief Engi

RCB vs KKR Playing 11: RCB will try to maintain the winning streak on home ground, KKR will give competition

The IPL 2024 match between Royal Challengers Bangalore (RCB) and Kolkata Knight Riders (KKR) will

You can check ECG and BP sitting at home on this smartwatch for less than 3 thousand rupees.

Amazon Deal On Smart Watch: A smartwatch is available on Amazon which costs less than Rs 3 thousa

Palash Muchhal visits Saint Premanand's ashram after his wedding with Smriti Mandhana gets postponed; the photo goes viral.

Music composer Palash Muchhal is currently in the news for his personal life. He was supposed to

The government of India alerted about Corona, Mansukh Mandaviya will hold a meeting with the health ministers of the states today

The Government of India has also become cautious because of the ever-increasing corona cases in C

Nikki Bhati Murder: Twist in Noida dowry murder case, Nikki Bhati's sister-in-law reveals the reality of 'beggar' family

The Noida dowry death case has now taken a dramatic turn. New allegations have been levelled agai

Indians living in America will not get Green Card: Eagle Act rejected in Parliament, American leaders said – this will increase India's dominance

The dream of Indians living in America to get a green card was shattered again. In the House of R

Dharmendra Death: CM Yogi expressed grief over Dharmendra's death, saying it was an irreparable loss to the art and film world.

Veteran Hindi cinema actor Dharmendra has passed away at the age of 89. Filmmaker Karan Johar sha

Saif Ali Khan: How did the thief enter Saif's house, who helped him and what was the motive? Answers to these questions have not been found yet.

Saif Ali Khan was attacked by an intruder with a knife last night, following which the police are

Former coach Ravi Shastri's big claim - Jasprit Bumrah, team can win the World Cup even if Ravindra Jadeja is not there, a chance to find a new champion

Former Team India head coach Ravi Shastri believes that despite the absence of star players Jaspr