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Direct fund transfers helped save govt ₹5 lakh crore from leakages, PM Modi says at India Mobile Congress | Here's how
PM Modi cites ₹5 lakh crore saved via direct fund transfers at India Mobile Congress.
Context
What happened: At India Mobile Congress 2026, PM Modi said Direct Benefit Transfer prevented nearly ₹5 lakh crore from going into leakages, with funds reaching mobile-linked bank accounts.
Key numbers: Nearly ₹5 lakh crore prevented from leakages; nearly ₹50 lakh crore transferred directly to beneficiaries; over ₹4 lakh crore deposited into farmers' accounts under PM-KISAN, paid every four months.
Why it matters: Modi tied the reduced leakages to his government's efforts to stop what he called wrong practices, and cited PM-KISAN as proof that direct digital transfers reach beneficiaries.
What changed
At India Mobile Congress 2026, PM Modi said Direct Benefit Transfer prevented nearly ₹5 lakh crore from going into leakages, with funds reaching mobile-linked bank accounts.
Why it matters
Modi tied the reduced leakages to his government's efforts to stop what he called wrong practices, and cited PM-KISAN as proof that direct digital transfers reach beneficiaries.