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Govt transfers Rs 36ok crore throughout lockdown to date in financial institution accounts of this many beneficiaries

Rs 500 every was credited in 19.86 crore girls Jan Dhan account holders.

During the prevailing lockdown interval, between March 24 – April 17, over Rs 36,659 crore has been transferred utilizing Direct Benefit Transfer (DBT) via Public Financial Management System (PFMS) in 16.01 crore beneficiaries’ financial institution accounts by the  Controller General of Accounts (CGA) workplace, the Ministry of Finance mentioned in an announcement on Sunday. The quantity transferred included Rs 27,442 crore beneath centrally sponsored schemes (CSS) and central sector (CS) schemes and one other Rs 9,717 crore from the state governments. In phrases of beneficiaries, 11.42 benefitted beneath CSS/CS in the course of the mentioned lockdown interval, the ministry mentioned

Moreover, Rs 500 every was credited in 19.86 crore girls Jan Dhan account holders until April 13 beneath the PM Garib Kalyan Yojna via DBT digital fee infrastructure. This has led to the disbursement of Rs 9,930 crores, as per knowledge from the Department of Financial Services. On March 26, finance minister Nirmala Sitharaman had introduced a aid package deal of Rs 1.70 lakh crore beneath PM Garib Kalyan Yojana for the poor impacted as a result of lockdown. Direct Benefit Transfer as a reform initiative was launched, by the federal government, within the supply course of utilizing know-how to switch the quantity into the financial institution or postal accounts of beneficiaries in addition to in-kind transfers from the federal government to particular person beneficiaries.

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Apart from the Garib Kalyan Yojana, the DBT funds beneath all of the Centrally sponsored schemes via PFMS stood at Rs 27,442.08 crore transferred throughout 11,42,02,592 (11.42 crore) beneficiaries’ accounts. The quantity was disbursed beneath schemes together with PM KISAN, Mahatma Gandhi National Employment Guarantee Scheme, National Social Assistance Program, Prime Minster’s Matru Vandana Yojana, National Rural Livelihood Mission, National Health Mission, and scholarship schemes of various ministries via National Scholarship Portal. The finance ministry had mandated using PFMS by CGA workplace for all funds, accounting and reporting beneath DBT. In December 2014, the federal government had directed all ministries and departments to make sure that funds beneath DBT schemes will not be processed until they get digital fee recordsdata for such funds via PFMS from April 1, 2015.

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