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HomeNewsTrendsCurrent Affairs'Centre saved Rs 36,000 cr by weeding out bogus beneficiaries'

'Centre saved Rs 36,000 cr by weeding out bogus beneficiaries'

The Narendra Modi-led NDA government has saved Rs 36,000 crore by weeding out fake beneficiaries of various welfare schemes after linking the Aadhaar cards to the bank accounts, Union Minister Anant Geete said on May 27

May 27, 2016 / 20:32 IST
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The Narendra Modi-led NDA government has saved Rs 36,000 crore by weeding out fake beneficiaries of various welfare schemes after linking the Aadhaar cards to the bank accounts, Union Minister Anant Geete said on May 27

"By linking Aadhaar cards with bank accounts, the Union Government has been able to stop the leakages that would have plagued the current government welfare programs," Geete, Union Heavy Industries Minister, told reporters.

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"For the financial year 2015-16, nearly Rs 36,000 crore has been saved by weeding out bogus beneficiaries. Over the years, these bogus and duplicate beneficiaries had been availing benefits of various welfare subsidies," he said.

According to Geete, the amount of Rs 36,000 crore, which was saved, could be used for development of various states.