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Bhamashah scheme

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October 13, 2017

What is the issue?

  • State governments perform well in their DBT schemes when compared with union government’s schemes.
  • Bhamashah scheme of Rajasthan government proves this scenario.

What are the concerns in union government schemes?

  • The DBT deficits of the Union Government have increased, as the states have become spendthrift.
  • There is also the burden of 40%-50% leakage of funds in the central government schemes.
  • Not many states are doing well in terms of linking payments to Aadhaar numbers of citizens.
  • The only exception is Rajasthan, whose Bhamashah scheme has done better than the union DBT.

What is Bhamashah scheme about?

  • The objective of the scheme is financial inclusion, women empowerment and effective service delivery.
  • It is the first family based Direct Benefit Transfer scheme of India where each family is issued a ‘Bhamashah Card’.
  • The Card is linked to a bank account that is in the name of lady of the house who is the head of the family.
  • The card leverages bio-metric identification and core banking.
  • Multiple cash benefits would be accessed through the Bhamashah Card and will be directly transferred to bank accounts of the beneficiaries.
  • Over three years, DBT transactions over the Bhamashah platform have crossed Rs 10,000 crore for purposes like pension payments, insurance, scholarships, housing, etc.

 

Source: Financial Express

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