Sunday, October 26, 2014

Union Government decided to re-launch Direct Benefit Transfer scheme

Union Government on 19 October 2014 decided to re-launch the modified Direct Benefit Transfer (DBT) scheme in an effective manner.  The implementation of DBT will be made on a mission mode between 10 November 2014 and 1 January 2015 in 54 districts.
At Present, the beneficiaries having bank accounts under Aadhaar and the beneficiaries who have bank accounts under the Jan Dhan Yojana will now get subsidy on LPG directly in their accounts.  
The beneficiaries who are outside from the scheme i.e. who have neither an Aadhar identity nor a bank account through Jan Dhan Yojna will get old cylinder system for some time.
The 54 shortlisted districts fall under Andhra Pradesh, Goa, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Puducherry, Punjab and Telangana.
About Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking or Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.
Under the scheme, account holders will be provided zero-balance bank account with RuPay debit card, in addition to accidental insurance cover of 1 lakh rupees. Besides, after six months of opening of the bank account holders can avail 5000 rupees loan from the bank.

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