JOIN USThe direct benefit transfer (DBT) programme has resulted in Rs 50,000 crore savings for the government in the last three years as funds were directly transferred to 32 crore needy people, BJP President Amit Shah has said.
The Aadhaar-linked DBT scheme, he said, has helped in plugging leakages, removing middlemen and eliminating ghost beneficiaries. As many as 32 crore people received funds in form of subsidies directly into their bank accounts resulting in savings of nearly Rs 50,000 crore to the exchequer over the last three years, he said.
Citing various achievements of the Narendra Modi government, Shah said that both direct and indirect taxes have witnessed a growth rate of 20%, which is unprecedented in the history of independent India.
“On the economic front, the (BJP-led) government has performed very well. We are the fastest growing nation in the world and inflation by and large is under control,” he said.
Listing out the government’s high points during 2016-17, Shah said, there were many like “highest urea production, largest gas connection distribution, record coal and power production, highest national highway and rural road construction, vehicle manufacturing, biggest ever software export and highest ever forex reserve”.
He further said that interest rates have been reduced remarkably and fiscal deficit has been reined in at 3.9% in 2015-16, adding that it was under the NDA regime that the country saw 5.1% industrial growth and 4% agriculture growth, and also 45% rise in FDI inflows.