PFMS has benefited 60 crore people, says FM Nirmala Sitharaman | India News – The Times of India

PFMS has benefited 60 crore people, says FM Nirmala Sitharaman | India News – The Times of India

Nirmala Sitharaman (File photo) NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday lauded the role of the Public Financial Management System (PFMS) in achieving key goals of governance, like reaching last mile benefiting 60 crore beneficiaries and direct delivery of more than 1,200 central and state schemes including 1,100 DBT schemes. Speaking at the…

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Women centric Direct Benefit Transfer have bled state finances: SBI – The Times of India

Women centric Direct Benefit Transfer have bled state finances: SBI – The Times of India

NEW DELHI: The State Bank of India raised concerns about the financial stability of women-centric Direct Benefit Transfer (DBT) schemes in various states. These schemes, which provide direct cash benefit transfers to women particularly around election periods, could put a major strain on state budgets.According to the report, the total cost of these initiatives across…

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