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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.
Direct Benefit Transfer (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 ...
The scheme entails providing 5 kg foodgrains per person per month, over and above the regular monthly NFSA foodgrains. The benefit is being provided to those covered under the National Food Security Act (NFSA) [Antodaya Anna Yojana and Priority Households] including those covered under Direct Benefit Transfer (DBT).
In these Direct Benefit Transfer (DBT) schemes, the subsidy money is directly transferred to a bank account which is Aadhaar-linked. [ 104 ] [ 105 ] Previously, however, the direct-benefit transfer had been carried out quite successfully via the National Electronic Funds Transfer (NEFT) system, which did not depend on Aadhaar.
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 Union Public Service Commission (UPSC; ISO: Saṁgha Loka Sevā Āyoga) is a constitutional body tasked with recruiting officers for All India Services and the Central Civil Services (Group A and B) through various standardized examinations. [1] In 2023, 1.3 million applicants competed for just 1,255 positions. [2]
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.
Wage transfer processes in relation to NREGA have undergone significant changes since its initial implementation. [107] In 2011/2016, the wage payment method was shifted to the National electronic Fund Management System (Ne-FMS), a Direct Benefit Transfer system.