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Cash transfer scheme will not benefit commoners: CPI(M)

Posted on Nov 28, 07:45PM | UNI

The Communist Party of India (Marxist) politburo today opposed cash transfers scheme, the most ambitious policy of UPA-II, according to a statement.

"The direct cash transfer scheme described by the Congress as a 'game changer' is indeed a game changer whose rules are weighed against the poor, in favour of the UPA-II government's obsessive commitment to cut subsidies to the working people," the statement added.

The Left party said the Congress-led government has declared that this policy will, once the "system is in place" be extended to food, kerosene and fertilisers.

The CPI(M) said in a "period of high inflation", cash transfers to replace public goods such as these was to actually cut subsidies since the cash to be transferred will not cover the increased costs of the same amount of subsidised foodgrains.

"This will have an adverse impact on increasing malnutrition and hunger. The CPI(M) strongly opposes such a policy shift away from provision of foodgrains, kerosene, fertilizers etc instead of providing for a universal PDS at controlled prices," the Politburo added.

The CPI(M) also objected to linking MGNREGA wages to the 'Aadhar' card.

The Politburo said as it has been repeatedly pointed out by experts, biometric identification for manual workers has a high 20 per cent margin of error as fingerprints of such workers change.