Economic Survey: DBT scheme not to substitute for delivery of public services
Quotes
 

 

HomeNewsBudget ImpactExclusiveTaxRail Budget Celeb Speak Eco Survey
 

Economic Survey: DBT scheme not to substitute for delivery of public services

Last Updated: Wednesday, February 27, 2013, 18:34
 
 Comment 0
 
New Delhi: The Direct Benefit Transfer (DBT) scheme will not substitute entirely for delivery of public services for now and it will also not replace food and kerosene subsidies, Economic Survey for 2012-13 on Wednesday said.

"The DBT scheme will not substitute entirely for delivery of public services for now. It will replace neither food and kerosene subsidies under the TPDS nor fertiliser subsidies," it said.

The survey further said the DBT scheme is designed to improve targeting, reduce corruption, eliminate waste, control expenditure, and facilitate reforms.

The plan was introduced on January 1, 2013 with seven schemes in 20 districts.

"India has embarked on a DBT scheme in selected districts wherein it has been envisaged that benefits such as scholarships, pensions, and Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) wages will be directly credited to the bank or post office accounts of identified beneficiaries," the survey said.

It further said the benefits of DBT will reach the target groups faster and minimise inclusion and exclusion errors as well as corruption that are associated with manual processes.

Meanwhile, Chief Economic Advisor Raghuram Rajan on Wednesday said the DBT scheme could reduce government's expenditure.

Recently, Finance Minister P Chidambaram had said the government is determined to extend the scheme, currently being implemented in 51 districts, to more than 700 districts by this year.

PTI

First Published: Wednesday, February 27, 2013, 18:29

Comments


Post your Comments

Name
Place :
Email :  
Comments :  
 
Other Stories
MSME Sector

P Chidambaram proposed continuing non-tax benefits to these units for three years.

Full Article »

IT-BPO Sector

Clarity on tax issues related to R&D centres in IT soon.

Full Article »

Infrastructure

Big push to infra with Rs 50k cr tax-free bonds, two new ports.

Full Article »

Real Estate Sector

FM raised tax deduction limit by Rs 1 lakh for the first time home buyers.

Full Article »

Auto Sector

Excise duty on SUV will be raised to 30 percent from 27 percent.

Full Article »

More »

Latest Videos
Budget 2013: Tax slab remain unchanged Budget 2013: PM commends Chidambaram's budget Union Budget 2013: Chidambaram's Budget speech
Budget 2013: Tax slab remain unchanged Budget 2013: PM commends Chidambaram's budget Union Budget 2013: Chidambaram's Budget speech
rail budget
Rail Minister announced no hike in passenger fares.
know your fm
P Chidambaram- Man of all seasons.
Opinion Poll
How would you see Budget 2013 as?
Pragmatic
Populist
Non-event
 
 
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved