The first quarter gross refining margins (GRMs), deregulation and LPG direct benefit transfer scheme are all being seen as positives for the divestment and hence the timing is considered to be right.
The government therefore decided to give special relief and concession to the affected farmers immediately and compensated for the loss of life, cattle and damaged houses, he said. "The package is much higher than the norms of the National Disaster Response Force," he said.
Direct benefit transfer scheme is off to a strong start, Rs 41 crore has already been sent to customer accounts
Before considering any move of giving cash subsidy to ration card holders, a top official said, the Centre will have to wait till Aadhaar connectivity is established for beneficiaries at the state level.
CNBC-TV18's Sajeet Manghat and Latha Venkatesh report that the government's direct benefit transfer scheme has started to plug leakages in the state distribution system and reduce the subsidy burden.
Prime Minister Manmohan Singh today reviewed the progress of the UPA's showpiece electoral weapon - the Direct Benefit Transfer scheme.
Nearly 11 lakh poor people have benefitted from the Direct Benefit Transfer Scheme which began on January 1, and will be rolled out through the country, finance minister P Chidambaram said during his Budget speech in the Lok Sabha.