Government saves Rs.58,000 crore through DBT scheme

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Union Minister, Ravi Shankar Prasad, mentioned that the government has saved Rs.58,000 crore through the Direct Benefit Transfer (DBT) facility that is used to provide benefits under various subsidy schemes.

The minister of electronics and IT said that the government is making use of digital technology to bring about innovations that would help the underprivileged sections of the society.  At an AIMA convention in New Delhi, Prasad stated that the government has opened Jan Dhan accounts for the poor and linked mobile phone numbers with Aadhaar. Gas and kerosene subsidies are also being offered, apart from ration and food subsidies that are directly transferred to the bank account. The absence of middlemen in the workflow has resulted in savings of Rs.58,000 crore, said the Union Minister.

He added that the money saved is contributed by the taxpayer and emphasized on the success of digital governance. Additionally, Prasad mentioned that the government has unearthed 2.7 crore fake ration cards and 3 crore fake gas connections. He stated that the idea of utilising technology in a dependable and affordable manner is bearing fruit.

Prasad also noted that linking government schemes and hospitals digitally has been useful to the underprivileged. He stated that the government is looking to link motor vehicle driving license with Aadhaar as well.

He said that the Indian digital economy is all set to hit the 1 trillion dollar mark in the coming 5 years, generating employment opportunities to 50-70 lakh people during this time.

Prasad shared encouraging statistics of around 100 new mobile companies having set up production plants in India over the last 3 years. He stated that the advancement in the mobile segment will fuel the growth of app consumption, which is all set to become a multi-billion industry in the country.

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