Cabinet clears direct benefit transfer for LPG subsidy
The Cabinet on Thursday cleared direct benefit transfer on LPG subsidy. Under a pilot project for LPG subsidy transfer, 20 districts in the country will be covered by May 15.
The Cabinet on Thursday cleared direct benefit transfer (DBT) on LPG subsidy. Under a pilot project for LPG subsidy transfer, 20 districts in the country will be covered by May 15.
Also Read: ADB says will recommend DBT to other developing nationsWhile about 32 crore Aadhaar cards have been issued by UIDAI, only 80 lakh bank accounts have linked to the unique identity numbers so far.While the exact procedure to transfer the subsidy is being worked out, sources said subscribers will have to buy the LPG bottle at prevailing market price and subsequently the subsidy amount will be transferred to the bank account.(With additional information from PTI) Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
