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Title: Rs 36,659 crore transferred to 16 crore beneficiaries using DBT during COVID-19 lockdown
Source:The Economic Times
Date:19 April 2020

More than Rs 36,659 crore has been transferred to the bank accounts of 16.01 crore beneficiaries using DBT(direct benefit transfer) between March 24 and April 17 during the lockdown, the finance ministry said on 19 April 2020.The cash amount has been transferred by using CGA (Controller General of Accounts) digital payments technology PFMS (Public Financial Management System) under CS (Central Schemes) and CSS (Centrally Sponsored Schemes). DBT ensures that the cash benefit is directly credited into the account of the beneficiary, eliminates leakage and improves efficiency.




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