New Delhi, April 21 -- India's Direct Benefit Transfer (DBT) system has helped the country achieve cumulative savings of Rs 3.48 lakh crore by plugging leakages in welfare delivery, a new quantitative assessment by the BlueKraft Digital Foundation found, the Ministry of Finance said on Monday.
The report also finds that subsidy allocations have been reduced from 16 per cent to 9 per cent of total government expenditure since the implementation of DBT.
It asserted that the DBT system has led to a major improvement in the efficiency of public spending.
The assessment evaluates data from 2009 to 2024 to examine the impact of DBT on budgetary efficiency, subsidy rationalisation, and social outcomes.
It demonstrates how the transition from...
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