Over Rs 36,000 crore transferred to beneficiaries by DBT in lockdown

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Over Rs 36,000 crore transferred to beneficiaries by DBT in lockdown

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The funds have been transferred underneath numerous schemes like PM KISAN, MGNREGS, Nationwide Rural Livelihood Mission, Nationwide Well being Mission, scholarship schemes of varied ministries

The Controller Basic of Accounts (CGA) workplace has transferred over Rs 36,659 crore through the use of direct profit switch (DBT) within the financial institution accounts of simply over 16 crore beneficiaries throughout the coronavirus lockdown. The federal government transferred the quantity underneath numerous central schemes via the digital cost expertise named Public Monetary Administration System (PFMS), the Ministry of Finance stated in a press release on Sunday. DBT helps in crediting the quantity on to the beneficiary’s checking account whereas chopping down any leakage. India is at the moment underneath a lockdown till Could three to combat the unfold of coronavirus pandemic.

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“Money advantages introduced underneath the Prime Minister Garib Kalyan Yojana Package deal are additionally being transferred through the use of DBT Digital Fee Infrastructure. Rs 500 every have been credited within the girls account holder of Jan-Dhan accounts. Until 13th April, the overall variety of girls beneficiaries have been 19.86 crores, which resulted within the disbursement of Rs 9,930 crores (as per knowledge of Division of Monetary Providers),” it added. The full DBT quantity transferred has risen from 22 per cent in FY19 to 45 per cent in FY20.

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Between March 24 to April 17, the DBT funds underneath all of the centrally-sponsored schemes via PFMS stood at Rs 27,442 crore within the accounts of simply over 11.Four crore beneficiaries. Finance Ministry stated. The funds have been transferred underneath numerous schemes like PM KISAN, Mahatma Gandhi Nationwide Employment Assure Scheme (MNREGS), Nationwide Social Help Program (NSAP), Pradhan Mantri Matru Vandana Yojana (PMMVY), Nationwide Rural Livelihood Mission (NRLM), Nationwide Well being Mission (NHM), scholarship schemes of varied ministries, the ministry additional stated. “Via 180 welfare schemes, the State Governments utilizing PFMS have disbursed 4,59,03,908 beneficiaries, an quantity of Rs 9,217.22 crore between 24th March 2020 until 17th April 2020,” it added.

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