DBT in fertilizer is a modified payment of subsidy in which the fertilizer companies are paid subsidy only after the retailer has sold the fertilizer to the farmer. Topic: Issues related to direct and indirect farm subsidies 11) What are the merits and demerits of direct benefits transfer (DBT) scheme in the Indian context? For UPSC …

The Direct Benefit Transfer is the reform that revolutionized the delivery of government’s transfers including subsidies to the people. Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. Crediting subsidies directly into bank accounts help reduce leakages, delays, etc. GK Articles, News, Current Affairs, Trivia Questions and Updates about direct benefit transfer for students and aspirants of UPSC, Civil services and other competitive examinations. Direct Benefits Transfers Direct transfer of kerosene subsidy. Topic: Issues related to direct and indirect farm subsidies 6) Discuss the merits, challenges and future prospects of direct benefit transfer (DBT) in fertilizers. Direct Benefit Transfer(DBT) March 4, 2015 by Admin Leave a Comment In a landmark step, Prime Minister Manmohan Singh announced the much-awaited direct cash transfer scheme wherein the subsidy amount will go directly into the bank accounts of the beneficiaries. Hello Guest ! There are numerous transfers from the government to the different sections of the people especially to the weaker sections including: wage payments, fuel subsidies, food grain subsidies, pensions etc. This program aims to transfer subsidies directly to the people through their bank accounts. Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. … About the Direct Benefit Transfer. The program aims to transfer subsidies directly to the people through their bank accounts. Should fertilisers subsidy be directly transferred to the farmer’s bank account?

DBT has now extended to most of the government schemes. It was launched on 1st January 2013. Governance Topic: General Studies 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.

DBT has two components: Subsidy: When a government meets a part of the cost of providing a good or service to a beneficiary. Learn more about the scheme here. Direct Benefit Transfer (DBT) in Fertilizers.

Context: A survey conducted by NITI Aayog showed that nearly two-thirds of the farmers don’t favour direct benefit transfer (DBT) of fertiliser subsidy. Download DBT notes PDF. Under the scheme, the consumer would be required to pay the full unsubsidised price of kerosene at the time of purchase. MSP & Direct benefit transfer – Punjab Case Study Context: Government plans to implement direct benefit transfer … MSP & Direct benefit transfer – Punjab Case Study Context: Government plans to implement direct benefit transfer … (250 Words) The Hindu Why this question? Fertiliser Subsidy: Direct Benefit Transfer.

Direct Benefit Transfer : With the aim of reforming Government delivery system by re-engineering the existing process in welfare schemes for simpler and faster flow of information/funds and to ensure accurate targeting of the beneficiaries, de-duplication and reduction of fraud Direct Benefit Transfer (DBT) was started on 1st January, 2013. It is hoped that crediting subsidies into bank accounts will reduce leakages, delays, etc. Enumerate. Aadhar cards – a unique identification cards based on biometric identification will … The b. GK, General Studies, Optional notes for UPSC, IAS, Banking, Civil Services.

(200 Words) Business Standard First Published: February 28, 2018 | Last Updated:February 28, 2018 . Direct Benefit Transfer or DBT is a part of the Indian government’s anti-poverty programme launched in 2013. Examine why. Governance Topic: General Studies 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. It is hoped that crediting subsidies into bank accounts will reduce leakages, delays, etc. Direct Benefit Transfer (DBT) Scheme’s aim is to transfer subsides, scholarships and other welfare benefits directly to the bank accounts of beneficiaries. © 2020 Designed, Developed by Direct Benefit Transfer (DBT) Mission, Maintained and Enhanced by State Government.

Economics | : The Centre has announced a scheme to implement direct benefit transfers for kerosene subsidies starting April 1. Direct Benefit Transfer (DBT) is Government’s major reform initiative to re-engineer the existing delivery processes, ensuring better and timely delivery of benefits using Information & Communication Technology (ICT). This program aims to transfer subsidies directly to the people through their bank accounts.

Direct benefit transfer can cut clean from all the abuses of the public distribution system, but it creates a new, and problematic, dependence on the banking system Photo: Pradeep Gaur/Mint