Finance Minister Nirmala Sitharaman stated on Saturday that out of 1,200 central and state government schemes, 1,100 are now under DBT, ensuring that money is transferred directly to the beneficiaries' bank accounts.
India's per capita GDP at current prices is estimated to reach Rs 2.35 lakh in the financial year 2024-25 (FY25), driven by better policy-making and improved distribution of benefits through the Direct Benefit Transfer (DBT) system, according to a report by the State Bank of India (SBI).
The Chief Minister disbursed the assistance through DBT (Direct Benefit Transfer) via a single click under the Namo Lakshmi Yojana, Namo Saraswati Vigyan Sadhana Yojana, Mukhyamantri Gyan Sadhana Merit Scholarship Yojana, and Mukhyamantri Gyan Setu Merit Scholarship Yojana.
Rajasthan's industry and commerce minister Rajyavardhan Singh Rathore on Saturday lauded the Union Budget presented by Finance Minister Nirmala Sitharaman and said that the budget for the year is positive and is a roadmap to fulfilling Prime Minister Narendra Modi's resolve of 'Viksit Bha
The Tsunami of the women centric Direct Benefit Transfer schemes announced by various states can bleed the state finances, says a report by State Bank of India.
India is witnessing a significant decline in consumption inequality across rural and urban regions, according to a report by the State Bank of India (SBI).
Since Direct Benefit Transfer (DBT) inception, enabled by JAM (Jan Dhan, Aadhaar and Mobile) trinity, Rs40.81 lakh crore has been transferred to citizens, with an estimated Rs3.5 lakh crore saved by reducing inefficiencies and leakages.
As part of its FinMin Year Review 2024 initiative, the Finance Ministry in a social media post on X, stated that DBT through Public Financial Management System (PFMS) supports Digital India by enabling electronic payment and receipt for Ministries and Departments in both Centre and States.
Finance Minister Nirmala Sitharaman highlighted that more than USD 450 billion has been transferred through Direct Benefit Transfers (DBT) to the people in last 8 years.
This instalment, amounting to more than Rs20,000 crore, will be disbursed through Direct Benefit Transfer (DBT) to over 9.4 crore farmers nationwide, ensuring financial support without the involvement of intermediaries.
BJP leader and former Union Minister Smriti Irani on Monday attacked the Congress and said that if the Congress party is pro-dailt, then they should declare Kumari Selja as the Chief Minister candidate.