Union govt asks states to opt for DBT of subsidies on kerosene and food

By: | Published: August 8, 2015 12:06 AM

The Centre has suggested that states should opt for direct benefit transfer (DBT) of subsidies on kerosene and food, minister of state for finance Jayant Sinha said on Friday.

The Centre has suggested that states should opt for direct benefit transfer (DBT) of subsidies on kerosene and food, minister of state for finance Jayant Sinha said on Friday.

“In the food subsidy, the states and Union territories (UTs) have been suggested to opt for DBT or automation of fair price shops,” Sinha said in a written reply to the lower house of Parliament.

The minister said letters have been written to the chief ministers of states and administrators of UTs to implement DBT for kerosene subsidy.

For DBT, the pre-requisites for states and UTs are complete digitisation of beneficiary data seeded with Aadhar number and bank account details.

So far, only three UTs, namely Chandigarh, Dadar & Nagar Haveli and Puducherry have expressed interest to implement DBT.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition