HomeNewsBusinessEconomyNeed for more transparency in direct benefit transfers

Need for more transparency in direct benefit transfers

Some of the DBT returns that banks have been instructed to eliminate still persist. Further, fieldwork indicates that beneficiaries often experience payment failures due to errors in their Aadhaar details and pending KYC forms.

October 11, 2022 / 13:17 IST
Story continues below Advertisement

The direct benefit transfer (DBT) system has received its share of flak in the years since its inception. Particularly, the infrastructure has been criticised for its opacity of functioning at the back end. Being highly complex and data-driven, the DBT ecosystem requires coordination across various organisations involved (such as the National Payments Corporation of India (NPCI), the Reserve Bank of India (RBI), various coordinating government departments, and banks). How these organisations interlock is not immediately apparent to the lay observer, and this accounts for the lack of transparency that seems to shroud the DBT system. The issue is particularly concerning when transactions fail, preventing a successful DBT payment into citizens’ bank accounts. If DBT recipients are unable to identify the reasons behind the failure of welfare payments that they are entitled to, then they will be unable to play an active role in issue resolution. Without easily accessible information about transaction failures, the DBT system risks creating a rift between itself and the population it seeks to serve.

To be fair, the NPCI has indeed taken considerable effort to minimise teething issues in the DBT system. Much progress has been made towards eliminating several types of payment failures. For context, the processing of a DBT payment file requires that a payment file be pushed between the institutions concerned—collecting initial approvals from the implementing department/ministry, validation responses from the PFMS or Public Financial Management System, and payment status responses from banks. In the event of a DBT return (or failure), participating banks would use their own response codes, making it difficult for the implementing agencies to effectively pursue their resolution. Many of these transaction failures have been standardised, with the objective of first properly identifying and then eliminating several types of failure. This is one example of how the DBT system has evolved greater transparency and better coordination.

Story continues below Advertisement

Yet, there remains ground to be covered. Some of the DBT returns that banks have been instructed to eliminate still persist. Further, our fieldwork indicates that beneficiaries often experience payment failures due to errors in their Aadhaar details, and pending KYC or know your customer forms. The resolution of these issues may not be difficult for the citizen to undertake but are not likely to be common knowledge for the average DBT recipient. Considering these problems, we suggest that the NPCI take a more proactive approach towards incorporating transparency in the DBT system.2

- Improving coordination between organisations