Monday, 29 April 2013

From Oct. 1, LPG subsidy in bank A/Cs:Source:LT

The government plans to provide subsidy to 14 crore LPG subscribers directly in their bank accounts from October 1, using the Aadhaar payment platform. The government, official sources said, has decided to launch "Direct Benefit Transfer (DBT) for LPG throughout the country tentatively from October 1". "This (transfer of LPG subsidy) would require a much larger number of beneficiaries to be covered for opening of bank accounts and linked to Aadhaar and banks have been asked to get ready for the launch," said one official. A consumer will have to get his or her bank account seeded with Aadhaar number for getting the LPG subsidy. The annual subsidy per consumer is estimated at /Gotham Book>Rs.Gotham Book>4,000. The supply of subsidised LPG cylinder has been capped at nine cylinders per year for a consumer. /Gotham Book>
DBT scheme: 121 DMs at meeting today
New Delhi: In a bid to ensure proper monitoring of the highly ambitious Direct Benefits Transfer (DBT) subsidy scheme, the government has called a meeting of the district magistrates of all the 121 targeted districts here on Monday to discuss ways to address hitches that may have been detected so far.

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