LPG subsidy in bank accounts in 18 districts from today
New Delhi: Government’s ambitious direct cash transfer programme rolls out in 18 districts of the country from Saturday.
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After the launch of the scheme, the consumers in 18 districts like North Goa and Pondicherry will get Rs 435 in their bank accounts every time they book for an LPG refill.
These consumers then will have to buy cooking gas at market price which is double the Rs 410.50 rate for a 14.2-kg per cylinder in Delhi.
The government intends to extend the scheme to rest of the country before end of the year but wants to see results in the 20 districts first. The 20 districts selected have high Aadhaar or unique identification number penetration.
While as many as 89 per cent of the LPG consuming population in these districts have Aadhaar number, government will give a three-month grace period to them to procure the
UID number and seed it with their bank accounts where cash subsidy has to be transferred.
After three months, that is from September 1, only consumers having Aadhaar and banks accounts linked to them will get cash subsidy and the rest will have to buy LPG at market price, they said.
The government anticipates a saving of Rs 8,000 to 10,000 crore in LPG subsidy annually after the scheme is rolled out all over the country.
