New Delhi: Direct transfer scheme for LPG cylinder subsidy has come into force from June 1. Under the scheme, the government will transfer Rs 435 directly in the bank accounts of LPG consumers in 18 districts of the country.
Consumers will get the money each time they book for an LPG refill. These consumers then will have to buy cooking gas at market price. The government hopes to save Rs 8,000-10,000 crore annually after the scheme is rolled out all over the country.
The government intends to extend the scheme to rest of the country before end of the year but wants to see results in the 18 districts first. The 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, the 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....
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09:20 AM, Jun 01, 2013
New Delhi: 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...
12:41 PM, Apr 28, 2013
New Delhi: Indian Oil Corporation (IOC) on Thursday cut price of retail diesel in Delhi by 4 paise per litre with effect from Monday, while subsidised LPG rate was hiked by Rs 11.50 per cylinder in the city. Earlier on March 22, diesel price was hiked nationwide by 45 paise per litre, excluding VAT. It was the third increase in the rate of nation's most consumed fuel since January, 2013....
01:44 PM, Apr 04, 2013
The price of the non-subsidised LPG cylinders were on Saturday slashed by Rs 37.5 per barrel, even as the price of diesel for bulk consumers was hiked by almost Re one per litre. The bulk consumers of diesel include the railways, transport undertakings, defence and industries like cement, mines and others. ...
06:09 PM, Mar 02, 2013
In a relief to the citizens of Andhra Pradesh capital, the deadline for linkage of LPG cylinders on subsidy with Aadhaar has been extended till March 15. With the oil companies earlier deciding to make Aadhaar linkage compulsory for availing LPG cylinder on subsidy, a mad rush was witnessed for Aadhar enrolment. ...
03:40 AM, Feb 15, 2013
The Sheila Dikshit government has decided to raise the cap on subsidised cooking gas cylinders from 9 to 12 barrells per annum. The move, however, will benefit only the BPL (below poverty line) card holders. ...
12:50 PM, Jan 21, 2013
The government on Thursday took the first step towards diesel decontrol and allowed the oil companies to raise prices from time to time, but kept the mechanism to be followed unclear. ...
04:42 PM, Jan 17, 2013
The Cabinet on Thursday refused to take a call on increasing the prices of diesel, kerosene and LPG and instead put the onus of oil marketing companies to decide on diesel price from time to time. ...
01:31 PM, Jan 17, 2013
The Cabinet on Thursday approved the Petroleum Ministry's proposal to increase the number of subsidised LPG cylinders available to households to nine a year from the current cap of six. ...
01:03 PM, Jan 17, 2013
After announcing a hike in railway fares, the government is now set to take a tough decision on raising fuel prices as early as this week or next week. A hike of Rs 4.50 per litre in diesel prices and that of Rs 100 per cylinder for LPG prices is expected. ...
01:19 PM, Jan 10, 2013
The Oil Ministry has made a proposal to Cabinet to raise diesel prices and increase the number of subsidised LPG cylinders available to households to nine a year from the current cap of six, two oil ministry sources said on Wednesday. ...
05:59 PM, Jan 09, 2013
New Delhi: The Election Commission on Wednesday disapproved Union Petroleum and Natural Gas Minister Veerappa Moily's announcement of raising subsidised LPG quota and asked him to be circumspect in future. Moily had announced that the cap on subsidised LPG cylinders could be raised from six to nine. Taking a note of the announcement, the Election Commission had served a notice to Moily saying that it was a violation of the...
06:38 PM, Dec 12, 2012
New Delhi: The Election Commission has served a notice to Petroleum Minister Veerappa Moily for announcing that the cap on subsidised LPG cylinders could be raised from six to nine. EC says this is a violation of the model code of conduct as the announcement comes barely 24 hours ahead of the first phase of polling in Gujarat. Moments after Moily spilled the beans on the government's plan to raise...
07:40 AM, Dec 12, 2012
The EC sends out a warning as the Centre announces a plan to raise the cap on subsidised LPG cylinders from six to nine. ...
09:15 PM, Dec 11, 2012
New Delhi: Taking suo moto cognisance of reports of the Centre's move ahead of Gujarat assembly polls to increase the cap on subsidised LPG cylinders, the Election Commission has directed it to stop the same forthwith. The Commission held an emergency meeting soon after the Minister of Petroleum and Natural Gas M Veerappa Moily said the government will raise the cap on supply of subsidised cooking gas (LPG) to nine...
07:51 PM, Dec 11, 2012
New Delhi: Petroleum and Natural Gas Minister Veerappa Moily on Tuesday indicated that the cap on the number of subsidised LPG cylinders a family can buy per year could be raised. Speaking to reporters, Moily said that the cap could be raised from six cylinders to nine. However, Finance Ministry sources said that no decision had been taken over the matter yet. Moily had said that the Cabinet would take...
06:18 PM, Dec 11, 2012
New Delhi: Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the "next few days", Petroleum and Natural Gas Minister M Veerappa Moily said in the Lok Sabha on Friday. "We are considering it (giving more than six subsidised cylinders) and need a few days time," he said during Question Hour. "We are applying our mind on this issue," he said...
04:41 AM, Dec 01, 2012
New Delhi: Finding it difficult to surrender the extra cooking gas LPG cylinder you have? Help is now just a click away. Consumers owning more than one LPG connection can now surrender the extra one online. All that they have to do is log-on to their respective company site and fill in surrender details and forget the rest. After that it will be the responsibility of the LPG dealer to...
06:47 PM, Nov 19, 2012
New Delhi: In a relief for households this Diwali, the government is likely to announce an increase the cap on subsidised LPG cylinders on Monday. Six is the current limit. Sources say it could go up to 9 cylinders per household per year. Last week, a meeting of Congress leaders heard a strong demand for raising the cap of subsidised LPG cylinders from the current six to 12, after which...
09:00 AM, Nov 12, 2012
Mumbai: The Maharashtra government on Wednesday decided to provide three additional subsidised LPG cylinders to those with an annual income of less than Rs 1 lakh. The decision was taken at a cabinet meeting. The three subsidised cylinders will be in addition to the six cylinders to be provided by the Centre. The central government has put a cap on the number of subsidised cylinders at six. Congress had asked...
09:36 PM, Nov 07, 2012
