Thursday, July 7, 2022
HomeGeneralGovt to expand DBT to 147 schemes by next March

Govt to expand DBT to 147 schemes by next March

New Delhi: Buoyed by the initial success of Direct Benefit Transfer, government plans to double the number of schemes under DBT to 147 by March and has launched pilots for paying subsidy on food, kerosene and fertiliser directly via bank accounts of beneficiaries, a top official has said.

Finance Secretary Ashok Lavasa
Finance Secretary Ashok Lavasa

Benefits and subsidies in as many as 74 schemes of 17 government departments and ministries are paid directly to beneficiaries under DBT, said Finance Secretary Ashok Lavasa.

The government, he said, has implemented 30 per cent of the recommendations of the expenditure management commission that was set up to suggest reforms to overhaul the subsidy regime and lower fiscal deficit.

“We plan to extend DBT to 147 schemes by March 2017. Right now there are 74. By and large, it is the food subsidy where we have been able to rationalise and bring it down. Similarly, in case of fertiliser subsidy, non urea subsidy there has been a reduction,” Lavasa told PTI.

Through DBT, he said, government hopes to achieve accurate targeting of beneficiaries, weed out duplication, curb leakages and bring efficiency in delivery process to help control expenditure and bring greater accountability and transparency.

DBT makes use of Aadhaar or the unique identification number to identify beneficiaries and benefits are transfered directly to their bank accounts, thus preventing any diversion and misuse of funds.



Lateset News

Most Popular