City
Epaper

DBT scheme disburses over Rs 43.3 lakh crore so far, Rs 6.60 lakh crore in FY25 alone

By IANS | Updated: April 21, 2025 18:47 IST

New Delhi, April 21 The direct benefit transfer (DBT) scheme has cumulatively disbursed more than Rs 43.3 lakh ...

Open in App

New Delhi, April 21 The direct benefit transfer (DBT) scheme has cumulatively disbursed more than Rs 43.3 lakh crore so far, thus redefining welfare delivery by enhancing transparency, curbing leakages and ensuring precise fund distribution.

Total direct benefit transfer (cumulative) stands at Rs 43,35,808 crore (as of April 21), according to government data.

In last fiscal (FY25), the Centre’s transfer of subsidies through the DBT reached more that Rs 6.60 lakh crore.

In February, Prime Minister Narendra Modi released the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to 9.8 crore farmers, who received direct financial assistance exceeding Rs 22,000 crore through DBT without involvement of any middlemen.

According to a latest report, the DBT system has resulted in cumulative savings of Rs 3.48 lakh crore through a reduction in leakages that were taking place earlier, and a 16-fold expansion in beneficiary coverage from 11 crore to 176 crore since its launch by the PM Modi-led government.

Since the money goes directly into the bank accounts of beneficiaries, the leakage has been curbed, which has resulted in a halving of subsidy allocations from 16 per cent to 9 per cent of total expenditure.

"The DBT has redefined welfare delivery by enhancing transparency, curbing leakages, and ensuring precise fund distribution," the study stated.

This policy document evaluates a decade of data (2009–2024) to assess DBT’s impact on budgetary efficiency, subsidy rationalisation, and social outcomes.

The newly developed Welfare Efficiency Index (WEI), which quantifies fiscal and social gains, surged from 0.32 in 2014 to 0.91 in 2023, underscoring systemic improvements, the policy document states.

According to the document, despite a rise in welfare budgets from Rs 2.1 lakh crore in 2009–10 to Rs 8.5 lakh crore in 2023–24, subsidy allocations declined proportionally, reflecting DBT-driven efficiency.

Aadhaar-linked authentication eliminated ghost beneficiaries, enabling coverage expansion without proportional fiscal expenditure.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessIndian steel makers should prefer domestic suppliers over imports for long term gains: Piyush Goyal

NationalDelhi court orders Medha Patkar's release after arrest in L-G defamation case

NationalGold Becomes Cheaper Ahead of Akshay Tritiya; Check Price for 10 Grams Inside

UP Board Class 10th, 12th Result 2025 Out: UPMSP Declared High School and Intermediate Results at upresults.nic.in; Here's How to Check

International12,000 Afghan nationals caught with fake Pakistani passports in Saudi Arabia: Interior committee

National Realted Stories

NationalAmroha girl bags second rank in UP Board intermediate exams, shares her joy

NationalBharatmala Project: ACB, EOS raid multiple locations in Chhattisgarh

NationalFormer ISRO Chairman Kasturirangan passes away; condolences pour in

NationalEvery perpetrator of Pahalgam attack must be hunted down, say J&K L-G

NationalED seeks look-out circular to nab Jaggi brothers in Gensol case