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Direct Benefit Transfer [a] or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This scheme or program aims to establish a Giro system to transfer subsidies directly to the people through their linked bank accounts.
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The dedicated web portal of CPSMS was operational and had registered more than 8.00 lakhs hits. All the Plan Schemes of Civil Ministries have been mapped and about 75,000 Sanctions were issued. All releases from the Government of India under Plan Schemes were now made through CPSMS, and all agencies receiving these releases were registered on ...
(DBT) — — 2013 Finance State level electronic benefit transfer and Direct Cash Transfer piloted before. [105] [106] [107] Under the Cabinet Secretariat and Ministry of Finance. [108] By 2022, over 300 schemes and 50 ministries are implemented using DBT. [108] [109] Scheme for Adolescent Girls (SAG, Adolescent Girls (AG) Scheme) CSS MoWCD ...
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Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
The National Social Assistance Programme (NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions.
National Automated Clearing House, introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature.