Thread by @FinMinIndia

(1/7) More than Rs 36,659 Crore transferred by using Direct Benefit Transfer (DBT) through Public Financial Management System (PFMS) in the Bank accounts of 16.01 crore beneficiaries during #COVID19 lockdown.
#IndiaFightsCorona

For more details: ➡️pib.gov.in/PressReleaseIf…

(2/7) DBT payments have reached beneficiaries under various schemes such as PM KISAN, Mahatma Gandhi National Employment Guarantee Scheme (MNREGS), National Social Assistance Program(NSAP),

(3/7) Prime Minster’s Matru Vandana Yojana (PMMVY), National Rural Livelihood Mission (NRLM), National Health Mission (NHM), Scholarship Schemes of various ministries through National Scholarship Portal (NSP).

(4/7)Apart from above mentioned schemes, payments were also made under #PradhanMantriGaribKalyanYojana.
Rs 500 was credited in women account holder's Jan-Dhan accounts.Till 13.04.2020 total number of women beneficiaries were 19.86cr, which resulted in disbursement of Rs 9,930cr.

(5/7) Through 180 welfare schemes, the State Governments using PFMS have disbursed an amount of Rs. 9,217.22 cr to 4.59 cr beneficiaries, between 24th March 2020 till 17th April 2020.

(6/7) PFMS usage for DBT Payments has increased over last #3 FYs wherein Transaction count increased to 11% during FY 2018-19 (compared to FY 2017-18) and 48% in FY 2019-20. The total DBT amount disbursed increased from 22% in FY 2018-19 to 45% in FY 2019-20.

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Benefits of DBT ➡️

DBT intends to achieve:

✅Curbing pilferage and duplication
✅Accurate targeting of the beneficiary
✅Reduced delay in payments, and
✅Electronic transfer of benefits, minimizing levels involved in benefit flow.