Signal Desk · Economy

Modi says DBT saved ₹5 lakh crore in welfare leakages

2026-10-08 · 1 source · Economic Times India

In short

Prime Minister Narendra Modi said India’s direct benefit transfer system has cut leakages by ₹5 lakh crore. He also said nearly ₹50 lakh crore has been sent directly to beneficiaries’ bank accounts.

This matters for welfare payments and government spending because it suggests less money is being diverted. The reporting does not verify the figures or say which specific schemes were included.

What the reporting says

Prime Minister Narendra Modi said on Thursday that India’s direct benefit transfer system helped save ₹5 lakh crore from going to undeserving recipients. He also said nearly ₹50 lakh crore had been directly transferred to beneficiaries’ accounts and framed the measure as a success of digital governance. The reporting does not provide independent verification of the figures or name the schemes discussed.

Why it matters

Narendra Modi said India’s digital governance and direct benefit transfer system saved ₹5 lakh crore from going to undeserving recipients, while nearly ₹50 lakh crore was directly transferred to beneficiaries’ accounts. The comments highlight the government’s welfare delivery system and anti-leakage message. The reporting does not specify the period covered, the schemes involved, or independent confirmation of the numbers.

Touches: Economy, Government

Sources