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Third Meeting of Consultative Committee attached to Ministry of Finance on Direct Benefit Transfer held today

News and Press Release - Dated:- 15-7-2016 - The Union Finance Minister, Shri Arun Jaitley said that Direct Benefit Transfer Scheme is a very important scheme as it transfers the benefit to the intended targeted beneficiaries. He said that Direct Benefit Transfer ensures that benefits reach the targeted population and helps in reducing leakages. The Union Finance Minister was addressing the members of Consultative Committee attached to Finance Ministry discussing the Direct Benefit Transfer (DBT .....

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neficiaries, de-duplication, efficiency in delivery process, ensuring greater inclusion, elimination of waste, curbing leakage thereby controlling expenditure and greater accountability and transparency. As on 31.5.2016, 74 schemes of 17 Ministries/Departments are being reported on DBT. The Consultative Committee meeting started with a presentation on Direct Benefit Transfer by Ministry of Finance officials. The presentation outlined the evolution of Direct Benefit Transfer, various features of .....

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gular discussions be held with State governments to improve the implementation of the DBT scheme. Some members suggested that Banking Correspondents scheme should be further strengthened to ensure that there is last mile coverage of beneficiaries. Suggestions were also given to ensure that the genuine beneficiaries are not left out of the DBT scheme. Responding to the suggestions and queries raised by the Consultative Committee members, Finance Minister Shri Arun Jaitley said that the Parliament .....

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