What is the full form of DBT payment?

Full Form of DBT is Direct Benefit Transfer. Government has been using DBT on a regular basis since 2013, to transfer the cash directly into the bank account of the intended beneficiaries of the Government schemes. You can read about the Direct Benefit Transfer – History, Structure, Schemes in the given link.

By 2020, the 420 schemes under 56 different Central Government Ministries were covered in DBT. 

Further readings:

  1. Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) – World’s Largest Pension Scheme
  2. Pradhan Mantri Jan-Dhan Yojana (PMJDY) – Benefits & Implementation

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