DBT Helped India Save Rs 3.5 Lakh Crore: Report

Pre-DBT Era (2009-2013): Subsidies averaged 16 per cent of total expenditure, amounting to Rs 2.1 lakh crore annually, with considerable leakages in the system.

- TDG NETWORK

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.