Direct Benefit Transfer Current Affairs - 2020

Nagaland govt launches Ex-gratia Scheme for Students

The state government of Nagaland has launched an ex-gratia scheme for students studying outside Nagaland, called ‘Nagaland Government Ex-gratia Scheme for Students Studying outside Nagaland’ (NGESSO). The scheme is the initiative of Nagaland Chief Minister Neiphiu Rio.

Key Features of NGESSO Scheme

It is a scheme initiated and sponsored by Government of Nagaland under which state government will provide a financial assistance of Rs.5 lakhs as one-time payment to parents/families of students in case of unfortunate death of any student while studying outside state. The sum is to enable distressed families to bring mortal remains of deceased students.

Beneficiary: NGESSO scheme would benefit Naga students belonging to any recognized scheduled tribes (ST) and indigenous inhabitants of state. It is targeted for students who die outside state while pursuing secular, technical, professional, diploma as well as theology courses. The nominee can claim ex-gratia amount within a period of 2 (two) months after the death of the students by furnishing the required documents.

Scheme Implementation:

The scheme will be implemented by department of higher education with effect from year 2019-20. The advertisement for scheme will be issued from 1 November 2019. Last date for submission of NGESSO registration form is March 30, 2020 and uploading of NGESSO registration number in the department website will be done by August 2020.

The state government has earmarked a Corpus Fund of Rs.5 crore in a fixed deposit and the interest accruing from deposit will be utilized for payment of ex-gratia amounting to Rs.5 lakh to nominee of deceased students.

The payment will be made through Direct Benefit Transfer (DBT) by the state finance department to bank account of nominee within a period of one month.

IPPB rolls out Aadhaar-enabled payment services

The India Post Payments Bank (IPPB) has rolled out of Aadhaar Enabled Payment System Services (AePS). The announcement of roll out was made by Union Minister for Communications, Electronics and IT Ravi Shankar Prasad at the first anniversary celebrations of India Post Payments Bank in New Delhi.

About IPPB’s AePS

With the launch of AePS, the India Post Payments Bank (IPPB) has now become single largest platform in India for providing interoperable banking services to customers (of any bank) by leveraging last mile unprecedented reach of Indian Postal network.

IPPB’s AePS services

To avail these AePS of IPPB, customers can simply authenticate their identity with Aadhaar authentication and fingerprint scan to complete a transaction. Also, with AePS services, any person with a Aadhaar linked bank account can perform basic banking services like cash withdrawals and balance enquiry irrespective of bank they hold their account with.

By leveraging AePS customers can now access their accounts (with any bank) by simply using their fingerprint for balance enquiry right/cash withdrawal at their doorstep through Postmen and Gramin Dak Sevaks (GDS).

IPPB’s services are now available in over 136,000 Post Offices and delivered by over 195,000 Postmen and GDSs therefore, the ability of Postmen and GDS to reach every village on an almost daily basis has reduced the distance to access banking services to nearly ‘0 kms’.

The launch of AePS by IPPB enhances the last mile interoperable banking infrastructure by 2.5 times.

IPPB also delivers simple and affordable banking solutions through intuitive interfaces available in 13 different languages.


The Aadhaar Enabled Payment System Services would give a strong boost to Centre’s efforts in expanding access to financial services for millions of unbanked and underbanked customers.

With this AePS, the Centre envisions to ride the 440 Central schemes on-boarded to Direct Benefit Transfer (DBT) platform on IPPB platform too. Also, in order to work with government’s key mantra of ‘inclusive banking’, the Department of Posts should strive for banking the unbanked, funding the unfunded and securing the unsecured.