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Will Vote for Rupees

Monday, December 10, 2012

WN.com - Asia News
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Will Vote for Rupees
Dec 10th 2012, 07:59

DELHI — On Jan. 1, a year before the 2014 general election, the governing alliance led by the Congress Party will roll out a sweeping cash-transfer program for India's poor. The plan is to replace existing pensions, scholarships and subsidies on household items by directly disbursing cash to the beneficiaries' bank accounts. It could apply to 720 million people. Some say the program is a game-changer because it will limit corruption by reducing face-to-face interactions with public officials, who often ask for a cut of the money they hand out. But others claim it's the desperate attempt of a mother, the Congress President Sonia Gandhi, to buy the election for her son, Rahul Gandhi, a...

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