LPG subsidy through DBT in 269 more districts by January 2014

After successfully implementing the Aadhaar based DBT scheme for LPG subsidy in 20 districts, government is mulling over to expand its sphere to cover 269 more districts by January 2014. After a cabinet meeting Finance Minister P.Chidambaram told reporters that after learning experiences from the 20 districts we have decided to launch DBT scheme for LPG subsidy in 269 districts. Under the scheme Rs.435 are transferred into the bank account of the consumer at the time of LPG cylinder booking and then the consumer purchase it at market price. Government is expecting to save Rs.9000 crore every year after the launch of this scheme throughout the country.

FM said that by January 1 large number of LPG consumers will become a part of DBT. They will get one month of advance subsidy in their accounts. He added that the scheme would be started on the first day of every month between September and January. Launch of the scheme from the first day of every month between September and January is pointed below:

  • September 1, 2013 – 34 districts
  • October 1, 2013 – 44 districts
  • November 1, 2013 – 46 districts
  • December 1, 2013 – 40 districts
  • January 1, 2014 – 105 districts

Chidambaram said that this is an ambitious program and the list has been already sent to the concerned banks. All the banks have been asked to focus on those districts where this is starting from September 1 and October 1. Oil companies have also been asked to get ready for helping consumers in opening bank accounts. Subsidy would be transferred to those consumers whose bank accounts are linked with Aadhaar number. However, consumers will be given a grace period of 3 months to get Aadhaar number and open bank accounts. Those people who have two connections or fake connections are not coming forward to open bank accounts and obtain Aadhaar number.

Finance Minister also told that the nine districts of Delhi will come under DBT from January 1, 2014. He was assured that residents of Delhi would be happy that DBT is coming from January 1.

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