This pre-validation of beneficiary account/Aadhaar linked bank, drastically brought down the failure of the payments as well as the delays in amount being available in the hands of beneficiary.Ĭore Banking Solutions: Banks being the last mile delivery channels, play a very critical role in the DBT process flow.
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PFMS evolved as a robust payment and reconciliation platform integrated with 500+ banks for verification of bank account of beneficiary and for verification if Aadhaar seeding of bank accounts of beneficiary, with NPCI. On the selection of valid beneficiaries, the Scheme IT systems initiate the payment by sending payment instructions to PFMS which in turn is routed to banks after necessary validation of beneficiaries. While in many of the schemes, the payments are linked to Aadhaar, cases are also processed with bank account number, in case Aadhaar is not available. MNREGA, PM-AWAS, PM-KISAN, DBT-PAHAL etc.
These systems constitute workflow based systems for social sector Central Sector, Centrally Sponsored and State linked schemes and include functionalities such as application for scheme by beneficiary with details of bank account/Aadhaar, examination by scheme owners for eligibility of the beneficiary under scheme guidelines, initiate verification of bank account/Aadhaar, initiate payment through Fund Transfer Order, other MIS related functions etc. Primary components in the implementation of DBT schemes include Beneficiary Account Validation System, a robust payment and reconciliation platform integrated with RBI, NPCI, Public & Private Sector Banks, Regional Rural Banks and Cooperative Banks (core banking solutions of banks, settlement systems of RBI, Aadhaar Payment Bridge of NPCI) etc. Since 2014, the government has disbursed a whopping Rs 8.22 lakh crore - close to 60 per cent of welfare and subsidies budget of the Union government - directly to the bank accounts of beneficiaries.
In the past seven years, DBT emerged as the accepted way ofĭelivering development schemes with the delivery of over 450 schemes to more than 900 million people through this mode. Since the first payment was made to a mother in the Puducherry for the Janani Suraksha Yojana in January 2013, DBT emerged as a high priority and focus area of the Government, in reforming Government delivery system by re-engineering the existing process in welfare schemes for simpler and faster flow of information/funds, ensuring accurate targeting of the beneficiaries, de-duplication and reduction of fraud. CPSMS was used for the preparation of beneficiary list, digitally signing the same and processing of payments in the bank accounts of the beneficiary using the Aadhaar Payment Bridge of NPCI. Central Plan Scheme Monitoring System (CPSMS), the earlier avatar of the Public Financial Management System (PFMS), of the Office of Controller General of Accounts, was chosen to act as the common platform for routing of the Direct Benefit Transfer. Cash benefits directly to the people through their Aadhaar seeded bank accounts with a hope that crediting subsidies into the bank accounts would substantially reduce leakages, and associated delays, owing to the flow of fund in a multi hierarchy of administrative offices till it reaches the end beneficiary.
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