Dbt

Hardware is hard but software is harder — India has built the hardware. Now the country must focus on the software – the people, their skills, their health and education, the economist tells Moneycontrol

Direct Benefit Transfers: A revolution under the radar

The cumulative DBT transfers for all the years since its inception is a whopping Rs 35,30,011 crore. For the poor and the disenfranchised, the DBT ecosystem has been transformational at various levels and is the fulcrum of welfarism in the modern Bharat

Direct benefit transfer: Fertilisers, food account for more than half of payouts this fiscal

Until March 2022, DBT has resulted in a total savings of Rs 1.35 lakh crore in food subsidies, with 42 million duplicate or non-existent beneficiaries weeded out. DBT removed 41 million fake LPG connections. 10.8 million families who have opted to ‘give up’ LPG subsidies.

Direct benefit transfers to unprivileged reaches Rs 34 lakh crore

Launched in 2013, the DBT scheme replaced the then existing delivery process. Through the use of digital tools, the scheme transfers subsidies directly into the Aadhar-linked bank accounts of the targeted beneficiaries.

Govt saves Rs 2.73 lakh crore in last 9 years by adopting DBT: FM

It has helped plug leakages and better targeting of genuine and deserving beneficiaries of the government scheme, she said at an event organised by NGO Disha Bharat.

Gennova's mRNA jab gets regulator nod, 1.2 million boosters approved by CDL Kasauli

The Department of Biotechnology (DBT) on June 20 announced that the Omicron-specific mRNA-based booster vaccine developed using the indigenous platform technology by Gennova was supported under the Mission Covid Suraksha.

Economic Survey 2023: DBT has helped transfer more than Rs. 26.5 lakh crore till date for central schemes

India’s DBT implementation has won praise from the IMF and the World Bank, among others, for efficiently providing support to the underprivileged sections of society.

DBT is the way forward for balanced fertiliser use

The flawed subsidy and pricing policy followed by governments for years has led to excessive use of urea and a deterioration in soil health

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.

Backend botch-ups hamper Direct Benefit Transfer payments

More than half the payment failures may be due to incorrect Aadhaar details, or bank accounts that are wrongly flagged as inactive

Application delays are a major bottleneck in enrolment for social protection schemes

Prospective beneficiaries of social schemes not only have to cope with delays in processing scheme applications, they often have no clue about the status of their cases or a grievance redressal mechanism.

PM Modi asks BJP-ruled states to boost biz environment, ensure complete coverage of welfare schemes

During the meeting, PM Modi emphasised on better implementation of some key schemes and initiatives of the government such as GatiShakti, Har Ghar Jal, Svamitva, DBT implementation and others, the BJP said in a statement.

PM Modi launches e-RUPI 'to strengthen DBT, ensure leakage-free delivery'

"e-Rupi, in a way, is person and purpose specific," Prime Minister Narendra Modi said, adding that the payments solution would ensure that the amount provided to a beneficiary is used only for the intended purpose.

Labour Ministry directs State Welfare Boards to provide benefit via DBT instead of kind

The Ministry of Labour and Employment has issued an order to use DBT for financial assistance to BOC workers and to put restrictions on distribution of benefits in-kind by the State Welfare Boards.

Punjab CM opposes DBT for farmers, writes to PM Modi seeking deferment of scheme by 1 year

The Food Corporation of India (FCI) had written to the Punjab government earlier this month seeking land details of cultivators for e-payment of procured crops.

COVID-19 | Using the crisis to propel much-needed agricultural marketing reforms

While the Centre must be commended for committing to undertake these reforms, it is equally important that these reforms form part of a larger farming ecosystem and unless simultaneous changes are brought in other aspects, these reforms may fall flat

Budget 2020 may spell out steps to implement the next phase of DBT

The budget may spell out steps regarding the implementation of the next phase of Direct Benefit Transfer and integration with various schemes like Soil Health Card scheme

Mamata scheme for PVTG women in Odisha extended for five years

While pregnant women of other communities can avail the conditional cash transfer maternity benefit scheme only up to two live births, PVTG women are barred from the limit.

Government considering rolling out 2nd phase of fertiliser DBT

The transfer of fertiliser subsidy directly into farmers' bank accounts was to be taken up in the second phase after taking inputs from Niti Aayog.

Here’s why Jharkhand withdrew direct benefit transfer scheme for food subsidy

After the Centre’s approval, the state government announced that the old PDS would be reinstated in Nagri.

Indian Agriculture: Misdirected populist policies doing more harm than good

Populist support measures are only a short-term solution and aggravate the imbalance in resource allocation.

What changed for the market while you were sleeping? 12 things you should know

A list of important headlines from across news agencies that could help in your trade today.

Budget 2018 focuses on farm productivity improvement & exports competitive: KPMG

It is a clear focus on improving the fundamentals to achieve the twin objectives of improving farm productivity and making exports competitive in the run up to the government’s ambition of doubling the farm income by 2022.

Govt rolls out DBT for fertiliser subsidy in 7 states/UTs

Another 12 big states including Punjab, Madhya Pradesh and Andhra Pradesh are ready for the phase II launch next month and the target is to cover the entire country by January 2018, said the fertiliser ministry official. The government bears about Rs 70,000 crore annually as fertiliser subsidy to provide cheaper nutrients to farmers.