Prime minister Manmohan Singh has accepted that The Direct Benefits Transfer (DBT) subsidy scheme has “run into difficulties”. Prime minister expressed unhappiness on the implementation of the scheme. Due to these loopholes benefits are not reaching to the real people.
Prime minister accepted the failure of the programme “But we have also run into difficulties that we had not anticipated when we began the programme. We must therefore renew our efforts for successful implementation of the programme.”
Manmohan Singh asked to the concerned ministries to be more active and track the progress of the program.
“We need to change the way we transact business, the way we release funds, the way we track funds and the information we have on beneficiaries. I hope due attention will be paid to these aspects as we move forward in implementing the programme,” Manmohan Singh said at a meeting on DBT here
Despite this government will launch the scheme in 78 more districts in July covering LPG in the ambit of the scheme. Apart from this Three pension Schemes will also be included in the DBT.
“There should be a system in place where people can get a simple bank account on demand if they have an Aadhaar card. Such a spread of financial inclusion will have many other benefits, far beyond cash transfers alone. For bankers, this is an investment in their bank’s own future growth,” he said
“The Planning Commission and the Finance Ministry have a special responsibility of working together for the achievement of the objectives that we have set for ourselves,” he emphasised.
“If we need to ensure that the money we spend delivers outcomes, it is necessary that we have a robust monitoring system in place. That is one of the things that Direct Benefits Transfers will achieve, in addition to making the process of getting benefits simpler for the beneficiaries and eliminating corruption and wastage,” he said.