India News | Sreenivasan Jain | Tuesday February 24, 2015
Even as the government finds itself under fire for the Land Acquisition Ordinance, there are now concerns over whether it is choosing a backdoor route of making food subsidy payments by cash transfers.
Wednesday February 18, 2015
The direct benefit transfer could help the government save as much as Rs 25,000 crore in food subsidy expenditure by eliminating costs associated with procuring, distributing and storing foodgrains, the research house says.
Tuesday February 17, 2015
Implementing direct benefit transfer (DBT) for food subsidy will help government save Rs 25,000 crore by eliminating costs associated with procurement, distribution and storage of food grains, rating agency Crisil said on Tuesday.
Tuesday December 16, 2014
The government on Monday made it clear that Aadhaar number was not mandatory for transfer of subsidy amount of LPG cylinder and the option of providing a bank account is also available under the Direct Benefit Transfer of LPG (DBTL).
Monday November 24, 2014
Borrowings will also fall when the government rolls out the Modified Direct Benefit Transfer Scheme from January 2015 in the entire country. Under this, the cost of subsidies for LPG cylinders will be directly transferred to the consumer and oil mark...
Monday August 18, 2014
S Sundareshan, a retired IAS officer, has quit as Mission Director of the Direct Benefit Transfer (DBT) scheme, according to official sources.
Sunday July 20, 2014
The government is mulling restarting the DBT (direct benefit transfer) scheme to directly transfer money into Aadhaar-linked bank accounts with a view to plug leakages by weeding out ghost beneficiaries, according to a source.
Thursday June 5, 2014
The Direct Benefit Transfer for LPG (DBTL) scheme was rolled out in 291 districts from June 1, 2013 in six phases to do away with the practice of selling the fuel at below cost rates. About Rs 5,400 crore was transferred to more than 2.8 crore LPG co...
Wednesday January 8, 2014
Aadhaar programme, under which the government is carrying out the Direct Benefit Transfer scheme, may lead to savings that could be up to 1.2 per cent of the GDP once it is rolled out in more areas, according to a report by global financial services ...
Tuesday December 31, 2013
Domestic cooking gas consumers in Delhi and Mumbai will from January 1, 2014 get cash subsidy for buying cooking gas refills as the Direct Benefit Transfer for LPG (DBTL) Scheme will be extended to 105 more districts, according to official sources.
Thursday December 26, 2013
In the last six months, the government has transferred over Rs 2,000 crore in the accounts of 40 million consumers under the Direct Benefit Transfer for LPG (DBTL) scheme in 184 districts.
South | Press Trust of India | Monday September 30, 2013
Reiterating her government's opposition to Direct Benefit Transfer for LPG scheme, Tamil Nadu Chief Minister J Jayalalithaa today urged Prime Minister Manmohan Singh to put on hold the rollout of proposed Phase-II of the project.
Friday August 30, 2013
Following the success of its pilot programme in 20 districts, the scheme to pay LPG subsidy directly to cooking gas consumers will be extended to 269 districts by January 1, Finance Minister P Chidambaram said on Thursday. The minister also said LPG ...
Wednesday July 24, 2013
Keen to hasten the Direct Benefit Transfer (DBT) scheme, Prime Minister Manmohan Singh has shifted a key department overseeing its implementation from the Planning Commission to the Finance Ministry for "better coordination" and "resolution of inter-...
Thursday June 27, 2013
Within weeks of its launch, the ambitious direct benefit transfer (DBT) programme for cooking gas (LPG) crossed a million transactions mark with Rs 41 crore of subsidy given to consumers directly.
Sunday June 9, 2013
Within a week of its launch, the ambitious direct benefit transfer (DBT) programme for cooking gas (LPG) has hit a quarter million transactions with Rs 10 crore of subsidy given to consumers directly.
India News | Press Trust of India | Saturday June 1, 2013
The ambitious direct transfer of cash subsidy on cooking gas was today kick-started in 18 districts with consumers being paid Rs 435 directly in their bank accounts.
India News | Press Trust of India | Saturday June 1, 2013
Starting today cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer (DBT) programme to cut its fuel subsidy.
India News | Sandeep Phukan | Wednesday May 22, 2013
The UPA-II government celebrates its fourth birthday today and will present a final report card, with the next general elections only months away. It has been a turbulent year for the Manmohan Singh government, with scam after scam rocking it, and th...
Thursday May 9, 2013
The Cabinet On Thursday gave its nod for Direct Benefit Transfer (DBT) for subsiding LPG cylinders directly to the consumer.
Saturday May 4, 2013
To help the government meet its objective of covering the maximum number of people under the direct benefit transfer (DBT) scheme, the Reserve Bank of India on Friday asked banks to hold camps to open Aadhaar-based accounts.
Monday April 29, 2013
The government had called the meeting of district magistrates of all the 121 targeted districts to discuss ways to address hitches that may have been detected in implementation of the scheme.
Sunday April 28, 2013
The government plans to provide subsidy to 14 crore LPG subscribers directly in their bank accounts from October 1, using the Aadhaar payment platform. The government, official sources said, has decided to launch "Direct Benefit Transfer (DBT) for LP...
Thursday April 25, 2013
Following direction from Finance Minister P Chidambaram, banks have initiated the process of linking account with Aadhaar number for cash transfer of LPG and other subsidies.