One of the major spinoffs of the 16th
LokSabha elections has been the surge in ePayments.
One variant of the ‘Direct Subsidy
Transfer Scheme’ is the 'direct cash transfer scheme' to buy voter loyalty.
More can be read here.
The key benefit for the political
parties is that the money-trial will be useful to minimize leakages in the
chain. Minimization of leakages was the main aim for ‘direct cash transfer’, of
government payments/subsides too.
Another advantage is that the same
account details can be used for future elections too.
As the amounts transferred to
individual accounts will be of low-value, automatic tracking of such transfers
to ascertain the underlying reasons will be difficult.
Once the voting results are
announced on May 16, 2014, the political parties will have lots of data to
analysis on the pros and cons of ‘direct cash transfer’.
