All central government schemes involving transfer of benefits in cash or kind are expected to transition to Direct Benefit Transfer (DBT) platform from April.
All central government payments will soon be on the electronic platform.
Ministries are all geared up after directions were issued last month for the transition of all central schemes to the DBT platform to be achieved by April 1, a government official said. Many ministries have already identified such schemes (see box) and fast-tracked their transition since.
Through this platform, the Centre will be able to monitor funds flow and track beneficiaries. It also aims to seed all DBT accounts and 20 crore PM Jan Dhan Yojna (PMJDY) accounts with Aadhaar.
All departments with details of bank accounts and Aadhaar of beneficiaries of their schemes have been asked to give it to department of financial services for banks to do the seeding rather than wait for a beneficiary to visit the bank branch for it. Cabinet secretary PK Sinha will soon hold a meeting to review the status of all central schemes transitioning to DBT and seeding of 100% DBT accounts with Aadhaar.
DBT is currently used for 56 schemes in which roughly Rs 6000 cr is transferred every month to about 30 crore beneficiaries.