LPG Consumers Across India to Get Cash Subsidy in Bank Accounts From January 01,2015

 

LPG consumers across India will from January 01,2015  get cash subsidy directly into their bank accounts so that they buy the cooking fuel at market price.

Domestic LPG users will get Rs. 568 in the bank account the moment they join the Direct Benefit Transfer Scheme for LPG, which has now been renamed PAHAL. They will have to use this money to buy 14.2-kg refill at the market price.

Currently, the subsidised LPG costs Rs. 417 per 14.2-kg cylinder while a market-priced refill costs Rs. 752 in Delhi. It will be priced higher in other cities depending on local taxes.

The ambitious plan, launched by the previous UPA government in June 2013 but abruptly stopped earlier this year following court orders, has been modified to exclude the requirement of unique identification number (Aadhaar) for availing the cash subsidy

PAHAL or 'Pratyaksh Hanstantarit Labh' was rolled out in 54 districts from November 15 and will extend to rest of the country from January01,2015

Under the scheme, LPG consumers will get cash subsidy to buy twelve 14.2-kg cylinders or 34 five-kg refills.

Currently, over 6.5 crore consumers (43 %) have already joined the scheme and will receive subsidy in their bank accounts.

LPG consumers who do not wish to avail the subsidy can simply choose to opt out of it. Over 12,000 citizens have already voluntarily given up subsidy