- Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This program aims to transfer subsidies directly to the people through their bank accounts. It is hoped that crediting subsidies into bank accounts will reduce leakages, delays, etc
- The primary aim of this Direct Benefit Transfer program is to bring transparency and terminate pilferage from distribution of funds sponsored by Central Government of India.
- 85 lakh people had surrendered their LPG subsidy in response to his request. “People who surrendered their subsidy are not rich people and comprised even retired persons.
- Earlier subsidised urea did not reach the farmers but went straight to the chemical factories where it was used as raw material. “But now we have introduced neem coating and the factories cannot use it,” Modi said, adding he was sharing the informations to show if the intentions are right then policies and implementations are also in the right direction
- Minister of Petroleum and Natural Gas – dharmendra pradhan
- Who is the Minister of Petroleum and Natural Gas?
- In which year Direct Benefit Transfer Scheme launched?