Enthused by encouraging findings of a UNICEF-SEWA joint study on direct cash transfer, Planning Commission Deputy Chairman Montek Singh Ahluwalia said its implementation in large scale will not lead to any misuse of money.

"They prove two things. First of all, cash transfers can be organised. Secondly when you give (transfer) the money (into beneficiaries account), it is simply not wasted or used for the wrong things," Montek said. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.