Direct Benefit Transfer - Supporting the financial Institution of the government during the crisis of COVID-19

DBT Payments
by Informatics News Desk, New Delhi -

Direct Benefit Transfer (DBT) plays an important role during the crisis times to provide sustenance to the highly effected population such as farmers, daily wagers, migrant labours etc. by transferring cash benefits directly to their bank accounts as well as delivering in-kind benefits such as free food grains. DBT had established itself prior to the COVID-19 crisis leveraging on the Aadhaar and banking infrastructure. The crisis enabled the Governments both, Central as well as States to utilize its reach to provide emergency financial support to people, efficiently and in quick time, thus facilitating them to pull through the hard times.