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LATEST NEWS UPDATES | Direct benefit transfer of subsidies crosses Rs.3-lakh-cr mark in 2018-19 -Surabhi

Direct benefit transfer of subsidies crosses Rs.3-lakh-cr mark in 2018-19 -Surabhi

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published Published on Apr 23, 2019   modified Modified on Apr 23, 2019
-The Hindu Business Line

The 60% jump over last year is due to DBT in fertiliser where Rs.39,230 cr was transferred

Mumbai: Direct benefit transfer of subsidies in cash and kind crossed the Rs.3-lakh crore mark in 2018-19 to 123.8 crore beneficiaries through over 351-crore transactions.

Official data reveals that DBT in both cash and kind amounted to Rs.3,06,260 crore last fiscal, a 60 per cent jump from Rs.1,90,870.9 crore in 2017-18.

A significant chunk of the increase is due to the launch of DBT in fertiliser where Rs.39,230.64 crore was transferred in 2018-19.

Similarly, DBT in cash for PAHAL or cooking gas subsidy was higher at Rs.34,604.72 crore while transfer under NREGA also increased to Rs.46,181.8 crore. Cash transfers for other schemes such as pensions and health benefits more than doubled to Rs.56,895.79 crore, from Rs.26,455.82 crore in the previous year.

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The Hindu Business Line, 22 April, 2019, https://www.thehindubusinessline.com/economy/direct-benefit-transfer-of-subsidies-crosses-3-lakh-cr-mark-in-2018-19/article26913247.ece


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