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Less than Rs 1,300 transferred per account through DBT

However, this number is reflective of only Aadhaar-enabled accounts; total amount transferred would be much higher

Vrishti Beniwal New Delhi
Last Updated : Apr 15 2013 | 11:21 AM IST
The government’s flagship Direct Benefits Transfer (DBT) scheme has seen only 3.5 lakh transactions so far, transferring just Rs 45 crore to Aadhaar seeded accounts of  beneficiaries. This translates into an average transfer of only Rs 1,285 per account since January 1.

The government estimated that about 1.6 million beneficiaries would be covered under the phase-I of the scheme rolled out in 43 districts. Of these about 1.3 million beneficiaries have been identified by banks, but only 5,50,000 of them have reported their Aadhaar numbers to banks.

A finance ministry official, however, clarified transactions worth Rs 45 crore carried out by banks in the last three and half months were only towards Aadhaar-enabled accounts and that the total amount transferred by the Central government ministries to various beneficiaries was much higher.

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“The data for non-Aadhaar-linked accounts has not been captured. As more accounts are seeded with Aadhaar number the figure would go up,” said one official.

He added though Unique Identification Authority of India claimed that in most of these districts Aadhaar penetration was more than 80%, but the fact is that 80% of bank accounts were not seeded with Aadhaar in January, though there has been an improvement since then.

About 2,000 beneficiaries were transferred an amount of Rs 35 lakh on the first day of the launch of DBT scheme. The worked out to an average transfer of Rs 1,750 per beneficiary.

The scheme, which replaces various kinds of subsidies with direct cash transfers to the accounts of beneficiaries, will be extended to 78 more districts and three more schemes in July. This will take the scheme to 121 districts covering 29 schemes in about next three months.

DBT of LPG subsidy would also be rolled out in 20 districts from May 15. By October, it will be transferred through DBT in the whole country. Oil companies have prepared a database of 140 million people with LPG connections and a bank account. The government is planning to give advance subsidy to the beneficiaries so that they don’t have to shell out anything from their own pocket.

“The fear is that if the beneficiary has to give it from his pocket while buying cooking gas at the market price he may not see any benefit in it. Before DBT they were already getting subsidised cylinders from the market. So some advance has to be given,” the official explained.

Consumers will get about Rs 4,000 a year in cash from the government, which will be used to buy LPG at market price of Rs 901.50 per 14.2-kg cylinder. At present, each consumer is entitled to nine cylinders at subsidized price of Rs 410.50, while the government bears a subsidy Rs 435 on each unit.

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First Published: Apr 15 2013 | 11:12 AM IST

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