The International Monetary Fund (IMF) deemed India’s deployment of a direct cash transfer scheme and other social welfare programmes as a ‘logistical marvel’. Speaking to the media on Wednesday, an IMF official said that the Indian social welfare programmes were impressive as they reach ‘literally hundreds of millions of people’.
“From India, there is a lot to learn. There is a lot to learn from some other examples around the world. We have examples from pretty much every continent and every level of income. If I look at the case of India, it is actually quite impressive,” Paolo Mauro, Deputy Director of the Fiscal Affairs Department at the IMF, told reporters.
“In fact, just because of the sheer size of the country, it is a logistical marvel how these programmes that seek to help people who are at low-income levels reach literally hundreds of millions of people,” he said in response to a question about the impressive direct cash transfer programme being successfully implemented by the Indian government. Read more
Source: India Today