Uttar Pradesh Leads in Digital Transactions and DBT Scheme
| Category | Details |
|---|---|
| Event | Uttar Pradesh secures first place in digital transactions in India. |
| Key Highlights | - Rs 1,11,637 crore transferred via DBT to 9.08 crore beneficiaries across 207 schemes of 11 departments. - Rs 10,000 crore saved by eliminating middlemen. - UP's GDP growth rate at 11.6% (2023-24), higher than national average of 9.6%. - Declared a 'front runner' in fiscal position by NITI Aayog. - UPI, digital banking, and internet availability in villages played a key role. |
| Direct Benefit Transfer (DBT) Scheme | - Objective: Faster flow of funds and reduced fraud. - Launched: January 1, 2013. - Platform: Public Financial Management System (PFMS). - Components: Beneficiary account verification, payment platforms with RBI, NPCI, and banks. - Aadhaar: Not mandatory but preferred for unique identification. |
| Economic Contribution | UP is the second largest economic contributor with a 9.2% share in India's GDP. |