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The Government uses Direct Benefit Transfer (DBT) to transfer funds to eligible beneficiaries in which of the following schemes?
- PM Awas Yojana
- PM Krishi Sinchayi Yojana
- PM Fasal Bima Yojana
- LPG Pahal scheme
Select the correct answer code:
- a)1, 2
- b)1, 2, 3
- c)1, 2, 4
- d)1, 2, 3, 4
Correct answer is option 'D'. Can you explain this answer?
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The Government uses Direct Benefit Transfer (DBT) to transfer funds to...
- In rural Bharat, DBT has allowed the government to provide financial assistance effectively and transparently to farmers with lower transaction costs – be it for fertilisers or any of the other schemes including the PM Kisan Samman Nidhi, PM Fasal Bima Yojana, and PM Krishi Sinchayi Yojana. The benefits received under the Mahatma Gandhi National Rural Employment Guarantee Act and Public Distribution System drive the rural demand-supply chain.
- In urban India, the PM Awas Yojana and LPG Pahal scheme successfully use DBT to transfer funds to eligible beneficiaries. Various scholarship schemes and the National Social Assistance Programme use the DBT architecture to provide social security. DBT under rehabilitation programmes such as the Self Employment Scheme for Rehabilitation of Manual Scavengers opens new frontiers that enable social mobility of all sections of society.
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The Government uses Direct Benefit Transfer (DBT) to transfer funds to...
The correct answer is option 'D' - 1, 2, 3, 4.
Direct Benefit Transfer (DBT) is a scheme implemented by the Government of India to transfer funds directly to the bank accounts of eligible beneficiaries. It aims to ensure transparency, reduce leakages, and streamline the delivery of government subsidies and benefits. DBT has been implemented in various schemes, including the following:
1. PM Awas Yojana (Pradhan Mantri Awas Yojana): It is a housing scheme launched by the government to provide affordable housing to all by the year 2022. Under this scheme, financial assistance is provided to eligible beneficiaries for the construction, purchase, or renovation of houses. The government uses DBT to transfer funds directly to the bank accounts of beneficiaries.
2. PM Krishi Sinchayi Yojana (Pradhan Mantri Krishi Sinchayi Yojana): This scheme aims to improve the efficiency of water use in agriculture and provide irrigation facilities to farmers. It includes various components such as micro-irrigation, watershed development, and precision farming. DBT is used to transfer funds to the bank accounts of eligible farmers.
3. PM Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana): It is a crop insurance scheme aimed at providing financial support to farmers in case of crop loss due to natural calamities, pests, or diseases. Under this scheme, the government uses DBT to transfer insurance claim amounts directly to the bank accounts of farmers.
4. LPG Pahal scheme: It is a scheme launched by the Ministry of Petroleum and Natural Gas to provide LPG (liquefied petroleum gas) subsidies directly to consumers. DBT is used to transfer the subsidy amount to the bank accounts of eligible LPG consumers.
Overall, DBT has been instrumental in improving the efficiency and effectiveness of government schemes by ensuring that the benefits reach the intended beneficiaries directly. It has helped in reducing leakages, eliminating middlemen, and enhancing transparency in the delivery of subsidies and benefits.
Direct Benefit Transfer (DBT) is a scheme implemented by the Government of India to transfer funds directly to the bank accounts of eligible beneficiaries. It aims to ensure transparency, reduce leakages, and streamline the delivery of government subsidies and benefits. DBT has been implemented in various schemes, including the following:
1. PM Awas Yojana (Pradhan Mantri Awas Yojana): It is a housing scheme launched by the government to provide affordable housing to all by the year 2022. Under this scheme, financial assistance is provided to eligible beneficiaries for the construction, purchase, or renovation of houses. The government uses DBT to transfer funds directly to the bank accounts of beneficiaries.
2. PM Krishi Sinchayi Yojana (Pradhan Mantri Krishi Sinchayi Yojana): This scheme aims to improve the efficiency of water use in agriculture and provide irrigation facilities to farmers. It includes various components such as micro-irrigation, watershed development, and precision farming. DBT is used to transfer funds to the bank accounts of eligible farmers.
3. PM Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana): It is a crop insurance scheme aimed at providing financial support to farmers in case of crop loss due to natural calamities, pests, or diseases. Under this scheme, the government uses DBT to transfer insurance claim amounts directly to the bank accounts of farmers.
4. LPG Pahal scheme: It is a scheme launched by the Ministry of Petroleum and Natural Gas to provide LPG (liquefied petroleum gas) subsidies directly to consumers. DBT is used to transfer the subsidy amount to the bank accounts of eligible LPG consumers.
Overall, DBT has been instrumental in improving the efficiency and effectiveness of government schemes by ensuring that the benefits reach the intended beneficiaries directly. It has helped in reducing leakages, eliminating middlemen, and enhancing transparency in the delivery of subsidies and benefits.
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The Government uses Direct Benefit Transfer (DBT) to transfer funds to eligible beneficiaries in which of the following schemes? PM Awas Yojana PM Krishi Sinchayi Yojana PM Fasal Bima Yojana LPG Pahal schemeSelect the correct answer code:a)1, 2b)1, 2, 3c)1, 2, 4d)1, 2, 3, 4Correct answer is option 'D'. Can you explain this answer?
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