The Smartcards program was a tremendous success. Which of the following statements is correct?
A. Smart card program reducing payment delays by 19 per cent, increasing MGNREGA wages by 24 per cent and reducing leakages by 35 per cent.
B. The return on investing in Smartcards infrastructure was less than the cost of implementation.
C. 90 per cent of beneficiaries also preferred the Smartcards system.
D. Smart Card programme is called as a classic case of the imbalance of power between concentrated losses and diffuse benefits.
Answer:B
The Smartcards program was a tremendous success. Which of the following statements is correct?
A. Smart card program reducing payment delays by 19 per cent, increasing MGNREGA wages by 24 per cent and reducing leakages by 35 per cent. B. The return on investing in Smartcards infrastructure was less than the cost of implementation. C. 90 per cent of beneficiaries also preferred the Smartcards system. D. Smart Card programme is called as a classic case of the imbalance of power between concentrated losses and diffuse benefits.
Explanation: The Smartcards program was a tremendous success, reducing payment delays by 19 per cent, increasing MGNREGA wages by 24 per cent and reducing leakages by 35 per cent. The return on investing in Smartcards infrastructure was thus seven times the cost of implementation. 90 per cent of beneficiaries also preferred the Smartcards system (Muralidharan et. al. 2015)8 . And yet, the perception was created that the program was mostly negative. This was a classic case of the imbalance of power between concentrated losses and diffuse benefits.