Govt plans direct transfer of funds to artisans' bank accounts after complaints

Image
Press Trust of India New Delhi
Last Updated : Apr 19 2018 | 9:45 PM IST

The government is looking at direct transfer of funds to the bank accounts of artisans instead of routing it through cooperatives and NGOs after receiving "complaints" over the money not reaching the intended beneficiaries, Union Minister Smriti Irani said today.

Addressing a summit here, the textiles minister said every year between governments at the Centre and states, over Rs 1,000 crore is spent to support handicraft artisans.

She pointed out that till now, the pathway for ensuring those benefits reach the artisans was that the government would design a particular programme, thereafter the ministry of Finance would allocate money for it, and the Textiles Ministry would discharge the funds to the interested artisans' cooperatives, NGOs with an assurance of disbursing it.

"We would ask artisans' cooperatives, NGOs to come forward, tell us in which state, which district to work in, we will give you the money because there is an assurance that the artisan will collect it through you, and suddenly one finds that all that money is going to those organisations but not reaching the artisans," Irani said.

The minister said that after finding out that the money was not reaching the artisans, she had to sit back and ask every organisation that has every year taken those thousands of crores for an explanation that if this much money has gone into the system, why is it that our artisans are still facing challenges.

"... So as per Prime Minister's clarion call now we say that if an artisan wants money, you make sure it goes directly to their bank account and does not go through any other organisation, any NGO," Irani said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Apr 19 2018 | 9:45 PM IST

Next Story