GS Paper: Inclusive Growth & Issues
Inclusive Growth & Issues
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Direct Benefits Transfers
The government’s DBT plan involves transferring the subsidy amount directly to the beneficiaries’ bank accounts. Here, the government does not have to fiddle around with differential pricing for the underprivileged. This method can effectively address the issue of leakages and go a long way in solving the mis-targeting problem. The government has also linked DBT to… Continue reading Direct Benefits Transfers
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Financial Inclusion in India and Its Challenges
Financial inclusion entails delivery of banking services to large sections of society, at an affordable cost.