This is the second postponement of the DBT launch in LPG. It was initially planned to be introduced from January 1.
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
Pahal looks to cut down diversion and eliminate duplicate.
The seeding of LPG database with Aadhar numbers is above 55 per cent and overall Aadhar penetration is 90 per cent in these districts.
Trinamool Congress leader Abhishek Banerjee criticised the BJP over the proposed Uniform Civil Code and the delay in recognising the Kurmali language, accusing the party of dividing people and making false promises.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
Rs 7,024 cr transferred under LPG cash subsidy scheme.
Describing DBT for LPG as a 'tremendous success,' Oil Minister M Veerappa Moily said the programme, when implemented throughout the country, would help save Rs 8,000-9,000 crore (Rs 80-90 billion) of subsidy from going to unintended beneficiaries.
Domestic cooking gas consumers in Delhi and Mumbai will from Wednesday get cash subsidy for buying cooking gas refils as the Direct Benefit Transfer for LPG (DBTL) Scheme will be extended to 105 more districts.
Government gives 3 months, starting June, for the 20 districts to be covered under its direct benefits transfer scheme.
IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.
If the LPG consumer does not have an Aadhaar number, he can directly receive subsidy in his bank account without the use of Aadhaar number
Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear.
It could become a giant leap towards lasting reform if the experiment in direct benefit transfers for cooking gas subsidies pans out.
The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due to assembly and Parliamentary bypolls, official sources said.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts
Many users did not know that their entitlement was not coming to their regular bank account but going to an account which they had not applied for.
Govt targets 1 cr consumers to give up LPG subsidy.
The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy
LPG alone will save us Rs 8,000 cr a year: M Veerappa Moily.
There are about 15.3 crore LPG consumers in the country.
The Direct Benefit Transfer for LPG scheme was rolled out in 291 districts from June 1, 2013 in six phases to do away with the practice of selling the fuel at below cost rates.
A clarification on delinking Aadhaar account from disbursal of subsidised LPG cylinders would be issued within a week, Petroleum and Natural Gas Minister Veerappa Moily said during Question Hour.
India's cities must switch over to piped gas leaving LPG cylinders.
To cut subsidy bill and reduce fiscal deficit, the previous United Progressive Alliance government had restricted the number of subsidised domestic cylinders per household to six every year in September 2012, revising it to nine the following January
The calculation is based on annual usage of eight cylinders per household.
The new system will entail a periodic revision in the price of subsidised LPG cylinders so that the subsidy remains fixed.
The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.
Although the future of Direct Benefits Transfer (DBT) on liquefied petroleum gas (LPG) is uncertain for now, the upcoming vote-on-account is likely to account for about Rs 1,300 crore that was transferred to the bank accounts of customers in the form of subsidy.
The government is giving adequate publicity to the benefit to be extended to account holders, sources added.
These houses will have amenities such as LPG, electricity and toilets, she said.
UID project was launched by the UPA government in 2009.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
Modi said the country needs to increase domestic output of energy.
'Individual beneficiary desirous of availing the benefits under the scheme (PMUY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication,' said a gazette notification issued by the ministry of petroleum and natural gas.
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