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Direct fund transfers helped save govt ₹5 lakh crore from leakages, PM Modi says at India Mobile Congress | Here's how

At India Mobile Congress, PM Modi said Direct Benefit Transfer helped prevent nearly ₹5 lakh crore from going into leakages. He explained how direct transfers to beneficiaries’ bank accounts reduced the scope for funds being diverted under the old system.

Direct fund transfers helped save govt ₹5 lakh crore from leakages, PM Modi says at India Mobile Congress | Here's how

Prime Minister Narendra Modi informed the India Mobile Congress 2026 that the country's Direct Benefit Transfer (DBT) mechanism has successfully saved nearly ₹5 lakh crore from going into government leakages. The DBT system ensures that funds reach their intended beneficiaries by transferring money directly to their mobile-linked bank accounts.

This digital governance approach has prevented a significant amount of money from being siphoned off by corrupt individuals, who would have otherwise benefited from the old welfare-delivery system, where benefits often passed through multiple intermediaries before reaching the intended recipients.

Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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