Closing fake accounts in Govt schemes saved Rs 3.35 lakh cr
The government's efforts to eliminate fake beneficiaries from various schemes resulted in saving approximately ₹3.35 lakh crore between FY18 and FY24. The Department of Expenditure identified and canceled millions of fake ration cards, beneficiaries of the LPG subsidy scheme, names under the MGNREGS, and beneficiaries under the PM Kisan scheme. These savings, which amounted to ₹30,000 crore in FY24 alone, are expected to be even higher when considering the last decade. The government is working with state governments to use technology to further reduce leakages.