Haryana shows the way

Haryana had been trying various modes of Direct Benefit Transfer over the years—like through money orders—but they were costly and cumbersome. Also, there was no scope of reconciliation. Then, from April 2011, efforts were made for Electronic Benefit Transfer through no-frills savings account, offered by the banks under the Financial Inclusion Scheme, using the Business Correspondent (BC) model. More than 19 lakh bank accounts were created and the scheme was attempted in all the districts of the State.

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About gfilesmagazine

gfiles is the country's first independent magazine written, designed and produced for India's civil services—the vast and formidable network of bureaucracies and public sector organisations that provides continuity and stability to this nation's governance.
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