DBT Full Form | What Does DBT Stand For?

DBT: Direct Benefit Transfer

DBT Full Form

DBT full form stands for Direct Benefit Transfer. It is an attempt to change the method of transfer of subsidy initiated by the Government of India on January 1, 2013.

It is hoped that the collection of subsidies in bank accounts will reduce leakages, delays, etc.

Brief History

  • The program was launched on January 1, 2013, in selected cities of India. It was launched in 20 districts, covering benefits and social security pensions.
  • The scheme was inaugurated by Karan Kumar Reddy on January 6, 2013, in Golporolo, East Godavari District. On a regular basis, the government has decided to review progress.
  • On January 15, 2013, the first review was scheduled by the Former Union Finance Minister of India P. According to Chidambaram, the scheme implemented in 12 more districts.

Purpose

The purpose of this program is to transfer subsidies directly to the people through their bank accounts.

Projects

  • Child labor project
  • Student Scholarships
  • LPG subsidy

What Is The Full Form Of DBT?

DBT full form stands for Direct Benefit Transfer. It is an attempt to change the method of transfer of subsidy initiated by the Government of India on January 1, 2013. The program was launched on January 1, 2013, in 20 districts, covering benefits and social security pensions.

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