Meet on Direct Cash Transfer held

Published: 26th June 2013 10:01 AM  |   Last Updated: 26th June 2013 10:01 AM   |  A+A-

Additional District Magistrate (ADM) B Ramachandran has informed that students who are eligible for educational benefits should submit their AADHAR card number and bank account number in their respective educational institutions.

This is to make way for Direct Cash Transfer (DCT) project which allows transfer of educational benefits by banks alone in the future. The Additional Magistrate was speaking at a meeting convened to implement DCT in schools and colleges.

“Many schools and colleges have still not submitted the papers for transferring funds to its students. From July 1, the benefits will be   transferred via bank accounts only,” he said. He added that actions will be taken against the heads of institutions who did not participate in the meeting.

It is learned that institutions which failed to file details of even a single student were present in the meeting. Institutions which collected AADHAR card numbers from students but did not file were also present.

Students who have registered for AADHAR cards but not yet received it can contact any Akshaya Centre in the district and can avail the AADHAR number by producing their enrolment slip, he said.

Direct Cash Transfer was mooted by the Central Government to channel the financial benefits given by Central and State government to the bank account of the beneficiaries.

Banks have made facilities near educational institutions to make it easy for students, who do not have a bank account, to start zero balance accounts.

Panchayat deputy director T U Preman, deputy director of SC-ST Development Tomy Chacko, NIC assistant Informatics officer Shyama  and Tribal Development Officer K R Manmadanwere present were present.


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