The Direct Benefit Transfer (dbt) mechanism helped the government save around Rs 65,000 crore by through various government schemes NITI Aayog CEO Amitabh Kant said.
According to the data around 300 schemes are implemented through, DBT. It benefit around 41 crore people.
DBT is an attempt to change the mechanism of transfer subsidies launched by Government of India on 1 January 2013. This program aims to transfer subsidies directly to the people through their bank accounts. It is hoped that crediting subsidies into bank accounts will reduce leakages ,etc.
At the launch of the book ” On the Trail of the Black”, Kanth said the government has done away with around 1,200 old laws which were not relevant.
Bibek Debroy who also heads the Economic Advisory Council to the Prime Minister pointed out the drawback of the prevention of corruption Act.
He also talked about how can we deal with the problem of corruption and he said 74 schemes of 17 ministries of central government were under DBT by 31 May 2016. As on December 2017, DBT has been implemented in 400 schemes from 46 ministries.
The primary aim of this Direct Benefit Transfer program is to bring transparency and terminate pilferage from distribution of funds sponsored by central government of India. In DBT, benefit or subsidy will be directly transferred to citizens living below poverty line. Central Plan Scheme Monitoring System (CPSMS) being implemented by the office of controller General of Accounts will act as a common platform for routing DBT. CPSMS can be used for the preparation of beneficiary list, digitally singing the same and processing of payments in the bank accounts of the beneficiary using the Aadhar Payment Bridge of NPCI.
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