Direct funds refer to funds received directly. Generally speaking, it means that the money directly allocated by the central government to local governments will be distributed to cities and counties at the first time. Direct subsidy funds adopt a special transfer payment mechanism, which can avoid the examination and approval of funds at different levels, directly exert the maximum benefit of funds, and directly reach the grassroots level, which has played a significant role in improving people's lives.
The establishment of direct financial subsidy mechanism is an important decision made by the CPC Central Committee and the State Council, an important measure to effectively cope with the impact of the epidemic, and an innovation and highlight of active fiscal policy. Judging from last year's situation, the direct subsidy mechanism is conducive to the grassroots to do a good job of "six stability" and implement the task of "six guarantees", and is also conducive to improving budget management, improving the efficiency of the use of fiscal funds, and enhancing the macro-control effect of fiscal funds.