From Jan, LPG subsidy will go to bank account

December 6, 2014

LPG subsidyBengaluru, Dec 6: Come 2015 and the subsidy component towards LPG refill will be credited directly to the consumers’ bank accounts.

State-owned oil marketing companies — Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum Corporation — will implement the modified Direct Benefit Transfer (DBT) scheme across Karnataka from January 1, 2015.

LPG distributors have already started alerting their consumers through SMSes to link the LPG consumer number with either their ordinary bank account or Aadhaar-based bank account.

The scheme has been launched in Mysuru and Tumakuru districts on an experimental basis.

The NDA government modified the earlier Aadhaar-based DBT scheme following a Supreme Court order not to make it mandatory for people to link subsidy schemes to Aadhaar. Under the modified DBT, consumers have been given the option to link the ordinary bank account or Aadhaar-based bank account.

The subsidy amount will be directly credited to any of these accounts, while charging the market price of LPG refill from the consumers. The market price normally hovers around Rs 750 per cylinder, while the consumers are charged Rs 425.Â

Consumers who do not have a bank account will have to open one and get it linked with their LPG consumer number by approaching the local distributor.

Oil companies have already instructed distributors to link the consumers’ bank account on the spot. Linking can also be done at the respective banks by filling in form 4, IOC Deputy General Manager (LPG) Dilip Rai said.

Meanwhile, consumers will be given three months beginning January 1 for linking the bank accounts. The existing system of supplying the refill at subsidised rate at the consumers’ doorsteps will continue during the grace period for those who have not opted for the scheme.

Rai said after the expiry of the grace period (April 1, 2015), the subsidy amount will be deposited in a separate account for three months for consumers who have not come under the scheme.

The money will be transferred to the consumers’ bank accounts as and when they opt for the scheme. After three months (July 1, 2015), those who fail to come under the scheme will lose the subsidy amount.

An average of 25 per cent of LPG consumers in the State have so far come under the scheme. In Bengaluru, about 35 per cent of the 20 lakh consumers have got their Aadhaar-based bank account linked to their LPG consumer numbers.

Oil companies have set a target of bringing at least 60 per cent of their consumers under the modified DBT by the end of the month, Rai said.

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Agencies
April 23,2020

More and more Indians have become better prepared in the last one month, as far as stocking of their ration, medicine or money is concerned, according to the IANS-CVoter COVID-19 Tracker.

With the second leg of the lockdown half way through and Prime Minister Narendra Modi saying it's a long haul, 57.2% respondents said they have less than three weeks of stock while 43.3% said they have a stock that will last beyond that

However, if one breaks into weeks, most respondents said they are prepared for a week's time. 24.5% respondents said they have ration, medicine or money to last a week. This is closely followed by 21.9 % respondents saying they are ready for a month.

Meanwhile, 20.4 % said they are ready for a couple of weeks. There are 15.8 % who said they are ready for more than a month with food, ration and medicine. A tiny 5.6 % said they are ready with three weeks of stock.

However, there is 12.3% who still seem to live on the edge with less than a week's preparation.

But, the biggest takeaway from the IANS-CVoter COVID-19 Tracker is that in the last one month, a massive segment of society realised that the fight is long and the preparation should also be to last that long.

o put things into context, on March 16 when the tracker started, a whopping 77.1% said they have stock to last for less than a week. More than a month later on April 21, that number jumped to just 12.3%, which essentially means, people have become better prepared for a long-hauled lockdown period.

Similarly, on April 21, a sizable 21.9% respondents claimed they are ready with ration and medicine that will last them a month. On March 16, not even one respondent could claim they have a month's stock. In fact till March 22, just ahead of the announcement of the first lockdown, no respondent the IANS-CVoter tracker said that they have a month's preparation.

Similarly, when the tracker started, 9.9% said they simply ‘don't know'. As on April 21, that number is a big zero.

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Agencies
March 14,2020

New Delhi, Mar 14: A Delhi court on Friday granted bail to three alleged members of the Popular Front of India (PFI) -- Parvez (Delhi President), Iliyas (Delhi Secretary) and Danish -- in connection with the organization's role in the northeast Delhi violence last month.

Metropolitan Magistrate Prabhdeep Kaur granted bail to all three accused on furnishing personal bail bonds of Rs 30,000 each.

The court said that "Investigating Officer (IO) has nowhere mentioned that any of the non-bailable offences has been disclosed or has come out during investigation till now, therefore, accused be enlarged on bail."

According to police, the three men were arrested for allegedly spreading fake propaganda during the anti-CAA protests.

Delhi police, while opposing bail and seeking remand, stated that police custody is required because accused were involved in a conspiracy of communal riots which resulted in the death of 50 innocent people and injuries to approximately 300 persons and huge loss of government and public properties.

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News Network
May 27,2020

New Delhi, May 27: Professor Johan Giesecke of the Karolinska Institute, Sweden, on Wednesday claimed that India will ruin its economy very quickly if it had a severe lockdown.

Claiming that a strict lockdown may disrupt India's economic growth, Giesecke during an interaction with Congress leader Rahul Gandhi said: "In India, you will do more harm than good with strict lockdown measures. India will ruin its economy very quickly if it had a severe lockdown."

While calling for a soft lockdown approach in India, he suggested that India has to ease restrictions one by one. It may, however, take months to completely come out of lockdown, he said.

He further criticised countries across the globe for having no post-lockdown strategy.

Emphasising on the disease, the Swedish health expert said that coronavirus is spreading like a wildfire across the world. "It is a very mild disease. Ninety-nine per cent infected people will have very less or no symptoms," he added.

Meanwhile, Ashish Jha, Director Harvard Global Health Institute and a recognised public health official, in interaction with Gandhi, called for a need to go in for an 'aggressive' COVID-19 testing to create confidence among people.

"When the economy is opened post-lockdown, you have to create confidence. There is a need for aggressive testing strategy in high-risk areas," he said.

He asserted that COVID-19 is not the last pandemic in the world, adding that "We are entering the age of large pandemics".

Jha further said that countries like South Korea, Taiwan and Hong Kong have responded the best to COVID-19 pandemic, while Italy, Spain, the US and the UK have responded the worst.

A few days ago, the Gandhi scion had interacted with former Reserve Bank of India Governor Raghuram Rajan and Nobel Prize Winner Abhijit Banerjee to discuss various issues related to the COVID-19 crisis.

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