-The Hindu The scheme has crossed 2.28 million transactions, benefiting 1.25 million LPG households, says Petroleum and Natural Gas Minister Veerappa Moily The ambitious direct benefit transfer (DBT) scheme for domestic LPG cylinder, launched in 18 districts of the country on June 1, has crossed 2.28 million transactions. Indications are that the scheme will be rolled out throughout the country by the year-end. Terming it a big success, Petroleum and Natural Gas Minister...
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Oil subsidy expected to balloon-Shine Jacob
-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...
More »DBT scheme to be launched in 20 districts-Sujay Mehdudia
-The Hindu It is likely to be extended to entire country from October The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire country from October this year. However, the...
More »Aadhaar–LPG linkage still tardy in Andhra Pradesh
-The Hindu ‘Consumers must get Aadhaar number linked todatabase of oil companies and bank accounts' Hyderabad: Even as the Centre announced that the rollout of direct transfer of the cash subsidy on LPG would be from June 1, only 55 per cent of consumers got their Aadhaar number linked to the database of oil companies in the five districts in Andhra Pradesh. Even poorer is the linkage of Aadhaar numbers to the bank...
More »Pilot project for LPG subsidy transfer cleared-Sujay Mehdudia
-The Hindu CCPA gives the go-ahead to the launch in 20 districts from May 15 The government has approved the launch of a pilot project that will entail transfer of domestic LPG subsidy directly to the consumers' account in 20 districts from May 15. The Cabinet Committee on Political Affairs at its meeting late on Thursday gave the go-ahead for the scheme, which is likely to be launched across the country in October....
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