Finally the government has come up with the direct transfer for the LPG subsidy. In last some months the LPG subsidy has been a popular topic among the consumers and government agencies and/or oil companies. Previous government had made it mandatory to have Aadhar number to transfer the subsidy amount to the linked bank account. Later this proposal was withdrawn following the court’s order as there were many problems in incorporating the idea.
According to the new rules now consumer should have bank account only. To get the LPG gas subsidy, if consumers have Aadhar card then they can link it to the bank account. If no Aadhar number is available they just need to link bank account number to get the subsidy in their accounts. From Jan 1, 2015 this new rule has taken effect all over the country.
Moreover according to new mandate too there is a facility for getting the accounts linked to get benefit of subsidy. Though the new benefit transfer scheme has taken effect for from January 1, but consumers will still have three months grace period. In this during consumers will get LPG on at subsidized price.
The government has also decided the amount for now. The amount for domestic LPG consumers will be Rs 568 which will be credited in their bank account directly. This scheme was called the Direct Benefit Transfer Scheme previously but now has been renamed PAHAL now. Consumer will be able to use the money to buy 14.2-kg gas refill.
Meanwhile the current subsidised rate of a 14.2 Kg gas refill is Rs 417 and a market-priced refill costs Rs 752 in Delhi. Moreover the rates will be higher in other cities which depend on local taxes etc.