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DBT, the abbreviation for Direct Benefit Transfer, signifies a transformative approach in welfare distribution. In essence, DBT full form encapsulates a system where government subsidies, grants, or benefits are directly transferred to the bank accounts of beneficiaries. This method eliminates intermediaries, ensuring efficient and transparent fund disbursement. By leveraging technology and banking infrastructure, DBT streamlines subsidy delivery, minimizing leakages and corruption. Moreover, DBT enhances financial inclusion by encouraging individuals to open and utilize bank accounts, fostering economic empowerment and accountability.
Read More https://www.bajajfinserv.in/investments/dbt-direct-benefit-transfer
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Ad Detail: DBT Full Form Decoded: Revolutionizing Subsidy Delivery
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