CPI(M) flays govt over payout of direct cash subsidy

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 6:29 AM IST

"The Government will dismantle the PDS and its responsibility towards people and secondly, it will create a mechanism to continuously lowering subsidies without saying so," CPI(M) leader Sitaram Yechury told reporters here.

He was asked to comment on the Government scheme for payout of direct cash subsidy to people through the Aadhaar based system in 51 districts of the country from January 1.

Yechury alleged that the Government was reducing subsidies without saying so through the cash transfer scheme.

"This is to cover up for reducing the subsidies. As inflation continues to grow, the value of cash subsidies keeps dropping. That is in effect most efficient way of reducing subsidies without saying so," he said.

Yechury said the cash subsidy scheme takes away the Government responsibility to have a public distribution system.

To a query on amendments to the FDI bill, he said, "The copy of the gazette, most surprisingly, whether you believe it or not, is not available in Parliament library or the website."

He said he had formally met Chairman Rajya Sabha to demand that the Bill be tabled in the House.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 27 2012 | 3:15 PM IST

Next Story