Direct Benefit Transfer (DBT)

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Overview:

IMF terms India's Direct Benefit Transfer scheme, as a 'logistical marvel'.

About Direct Benefit Transfer (DBT):

  • The aim of DBT (Direct Benefit Transfer) is to transfer the benefits and subsidies of various social welfare schemes directly in the bank account of the beneficiary on time by bringing efficiency, effectiveness, transparency and also to eliminate the intermediary body.
  • It was started on 1st January, 2013.
  • It was created in the Planning Commission to act as the nodal point for the implementation of the DBT programmes.
  • The Mission was transferred to the Department of Expenditure in July, 2013 and continue to function till 14.9.2015.
  • To give more impetus, DBT Mission and matters related thereto has been placed in Cabinet Secretariat under Secretary (Co-ordination & PG) w.e.f. 14.9.2015.
  • According to the government data, more than Rs 24.8 lakh crore has been transferred through Direct Benefit Transfer (DBT) mode since 2013.

 


Source : All India Radio