Cashless ConsumerThe key difference is #eKuber originating #DBT is a real #DBT at originating end (while still not so direct at recipient end), where as #Aadhaar based #APB is having a central intermediary on top of agency bank and hence has cost of 2 intermediaries & cannot be called true #DBT
HR Khan on #eKuber in 2013 - Challenges and Concerns of the Central Bank: Opportunities and Role for the Commercial Banks - Harun R Khan https://www.rbi.org.in/SCRIPTs/BS_ViewBulletin.aspx?Id=14283
Ref Govt of TS GO on #DBT using #eKuber https://drive.google.com/file/d/1SCEaEfnFQXXzVIB-_M06KlrLNRziuz74/view
#eKuber is fairly old and is being in use since 2015 at least. Kerala govt pays salary through it https://www.thehindu.com/news/cities/Thiruvananthapuram/ekuber-portal/article7828848.ece
#Manipur recently adopted #eKuber based #G2P payments https://www.eastmojo.com/manipur/2020/02/11/e-kuber-to-ease-disbursement-of-govt-payments-manipur-cm
State's treasury account held at RBI's CBS #eKuber is connected to #NEFT and the payment goes through. Since its #NEFt, there is no upper limit to the transfer. All that is needed is beneficiary's account number and funds in treasury.
What is #eKuber ?
e-Kuber is the Core Banking Solution of Reserve Bank of India. e-Kuber Is being widely used by central and state governments for their financial management.
But how does the payment go through ?