Out of the total money disbursed in various government schemes via direct benefit transfer (DBT), a total of Rs.16,495.69 crore was transferred via Aadhar linked bank accounts, parliament was told on Tuesday.
"Of the total of Rs.61,824.30 crore disbursed in 59 schemes through DBT during 2015-16, Rs.16,495.69 crore has been disbursed through Aadhar linked bank accounts," Finance Minister Arun Jaitley told the Rajya Sabha in a written reply
The total number of beneficiaries for the Aadhar-linked bank accounts stood at 19.51 crore in 2015-16, he said.
"Eligible beneficiaries of various schemes yet to be covered under DBT architecture of Aadhar linked bank accounts, continue to avail entitled benefits, as per the arrangements applicable prior to the introduction of DBT," Jaitley added.
The total number of beneficiaries for the DBT scheme for 2015-16 was 30.78 crore, he said.
More than saving of funds, DBT aims for greater accountability and transparency by accurate targeting of beneficiaries, plugging leakages, de-duplication and eliminating wastages, the finance minister said.
--IANS
mm/vd
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
