FinMin Decided of Central Schemes with DBT from April

On be-half of a direct profit relocate program, the finance ministry has said that electronic transfers should be done with beneficiaries of all plans that engross the cash profits.

Consequently, all ministries of the nation are having been wondered to use DBT for all Central sectors along with the centrally sponsored plans from April. The shift would appreciably extend the range of the 2 year old DBT that was introduced in from the month of January in the year 2013 but are limited to just 28 plans linking cash transfers for scholarships and for the pensions. The Center has now also started to roll out the changed DBTL or Pahal for transfer of cooking gas subsidy straight into beneficiaries’ accounts.

The department of expenditure has said in a missive to all government ministries said, “For greater and universal impact on efficiency in delivery of benefits, their timeliness, along with accurately targeting of the intended beneficiaries, it is imperative that DBT may be extended beyond the transfers to the Centre directly to individuals to all schemes or projects that have any component of cash benefits transfer to individual beneficiaries, from levels other than Central from state or district of sub-district level or government or non-government agencies.”

View of Central sector schemes, the finance ministry has asked all departments to give out the donations electronically to all persons and institutions. It has directed that a digitised catalogue of all beneficiaries will be done and started with Aadhaar numbers by June 30^th. “E-transfer of funds will start in all (central) schemes not later than April, 2015,” the ministry has announced.

Likewise, for all CSS plans, the Central ministry will convey finances to the state governments and toil with states to transport the cash module of every plan to the beneficiaries electronically. For these plans, ministries have to organize a digitised record of beneficiaries by 30^th March 2015 that should be started with 100 percent Aadhaar numbers by June 30^th. The cash transfer would be done by Public Financial Management Systems of the Controller General of Accounts or NEFT as in the view of finance ministry said.