IMF IMF describes India's direct cash transfer scheme as a 'logistical marvel'
Washington: The International Monetary Fund (IMF) has appreciated India's deployment of a direct cash transfer scheme and other social welfare programmes and described it as a 'logistical marvel'.
Speaking to the media on Wednesday, an IMF official was quoted as saying by India Today 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 as quoted by India Today.
"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.
Mauro also described the Aadhar scheme as 'striking'.
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