Prime Minister Narendra Modi said on Tuesday said the government had taken several measures to plug leakages in government schemes and made an annual saving of Rs 49,500 crore which, he added, was earlier lining the pockets of middlemen.
Replying to a debate on the motion of thanks to the President's address in the Lok Sabha, Modi said there was leakage in various government schemes including the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Public Distribution System (PDS).
He said measures taken to plug the gaps were causing problems to "vested interests" and such people operated in almost every street of the country and siphoned off funds meant for the poor.
"The measures of the government have caused problems to big people. They will be after me, but I am prepared," Modi said.
He said 3.95 crore fake ration cards had been detected and leakages plugged to the tune of Rs 14,000 crore.
Modi said the government's moves towards promotion of LED bulbs, which consume less power compared to other bulbs, had brought down power bills and enabled savings of Rs 11,000 crore.
The Prime Minister said that payments under the MGNREGS through direct benefit transfer in the accounts had plugged leakage of Rs 7,633 crore.
"In a year, we have been able to save Rs 49,500 crore going to middlemen," Modi said, adding that the money belonged to the poor.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)