-The Indian Express The NDA initially reintroduced DBT for LPG in 54 districts in mid-November 2014, with nationwide roll out to all districts from January 2015. A study by the International Institute for Sustainable Development (IISD) states that the government’s claims of savings due to a shift towards direct benefit transfer (DBT) for LPG (also called PAHAL) are “large overestimates”. IISD has shown that as against the publicly touted figure of...
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Official Claims of Huge Savings from Direct Benefit Transfer for LPG Don’t Add Up -Damon Vis-Dunbar, Kieran Clarke and Shruti Sharma
-TheWire.in Since April 1, 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL). Under this system, which has replaced the direct sale of cooking gas cylinders at subsidised prices, households place an order for LPG with their gas distributor, receive an amount equivalent to the current subsidy amount via electronic transfer to...
More »Modi's magic: 30k LPG consumers giving up subsidy daily -Sanjay Dutta & Clara Lewis
-The Times of India NEW DELHI/MUMBAI: Prime Minister Narendra Modi's magic appears to be working well among cooking gas consumers. With a little assistance from state-run fuel retailers. Between 30,000 and 40,000 households are giving up LPG subsidy daily in response to a countrywide door-to-door campaign launched by the oil marketers to capitalize on the prime minister's call to 'Give It Up'. The result is nothing but magical in a country used to...
More »DBTL enrolment finally stops with 128.7 million beneficiaries -Sudheer Pal Singh
-Business Standard Plugs Rs 5,060 crore of LPG subsidy parked with 21 million, largely fake customers The enrolment of beneficiaries under the ambitious modified Direct Benefits Transfer for LPG (DBTL) scheme has finally stopped at 128.7 million people, oil ministry, data show. This translates into annual subsidy savings for the government to the tune of Rs 5,060 crore at the current prices that was linked to the rest 21.3 million customers. These include...
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
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