BUSINESS

Delhi, Mumbai LPG consumers to get cash subsidy from Jan 1

Source:PTI
January 01, 2014 20:59 IST

Domestic cooking gas consumers in Delhi and Mumbai will from Wednesday get cash subsidy for buying cooking gas refils as the Direct Benefit Transfer for LPG (DBTL) Scheme will be extended to 105 more districts.

Under the scheme, which till now has been rolled out in 184 districts in 18 states, cooking gas consumers will get Rs 435 advance money in their bank accounts so as to help them purchase a 14.2-kg LPG cylinder at market price.

Currently, the subsidised LPG cylinder costs Rs 414 while the market price per bottle comes to Rs 1,021.

The moment the refill is bought, the subsidy prevalent on that day will be credited to Aadhaar-linked bank account of LPG consumer for another cylinder. In all, cash subsidy is provided for nine refills in a year under the Direct Benefit Transfer for LPG (DBTL)

Scheme.

Official sources said in the last phase of DBTL rollout from Tuesday, 105 districts including nine in Delhi, Ahmedabad in Gujarat, Gurgaon in Haryana, Belgaum in Karnataka, Gwalior in Madhya Pradesh, Mumbai, Jodhpur in Rajasthan, Thanjavur in Tamil Nadu, Lucknow in Uttar Pradesh and Murshidabad in West Bengal would be covered.

So far, 40 million cash transfers to consumer's bank accounts have taken place since the launch of the scheme in June this year. Over Rs 2,000 crore have been transfered in 184 districts in 18 states providing direct benefits in hands of the consumers.

The scheme was launched in 20 districts on June 1 and was extended to 34 more on September 1. Only those consumers in these 54 districts who have their LPG consumer number and bank account with Aadhaar number get the cash subsidy, they said.

Source: PTI
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