Direct Cash Transfer scheme roll out today

UPA government today will launch its one of the most ambitious Direct Cash Transfer scheme across 20 districts in six States and three Union Territories.

With tag- line of the scheme ‘Apka Paisa Appke Haat’, DBT will be rolled out with a select 26 schemes such as educational scholarship for SC/ST and OBC, and widow pension, in whole country in 43 districts as planned earlier by the end of 2013.

Direct Benefit Transfer (DBT) will be debut in a phased manner and in first phase 7 central schemes will be benefitted to 2 lakh people, directly credited into their bank accounts of beneficiaries from January 1, even if they do not have the Aadhaar-card (UID) numbers, Finance Minister P Chidambaram told reporters.

The government is in wake to link the scheme with Aadhaar as with ATM facilities all the 7,900 bank branches in 43 districts will be inter-operable with facility for Aadhaar authentication.

However, there is cap on transfer the subsidies for food, fertiliser, diesel and kerosene through DBT till the expected outcome will not be resulted through DBT.

Even subsidy on LPG too would not be provided through DBT in the first phase, he added.

Second phase of the DBT which will check leakages and corruption in subsidies distribution will be started in 11 districts from February 1 and remaining 12 from March 1.

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