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New Direct Bank Transfer to save Rs 14,000 crore

Centre tries to rectify scheme to benifit the consumers
New Delhi: Petroleum and natural gas minister Dharmendra Pradhan is holding video-conferences with the district authorities where the scheme is being launched for direct transfer of LPG subsidy to consumers.
“The petroleum ministry is working overnight to ensure that there is coordination between the oil companies and banks so that consumers smoothly get the LPG subsidy in their bank accounts,” a petroleum ministry official said. Special emphasis is being laid to ensure that the problems people faced last time are not repeated.
“We revisited the design of the scheme, and the modified scheme is being launched after a thorough review,” the official said.
The scheme will be relaunched in 54 districts on November 15 and all across the country by January 1, 2015. It is expected to save the government upto Rs 14,000 crores in subsidies.
All LPG consumers who join the modified DBTL scheme can receive the LPG cash subsidy either by linking their Aadhaar number to the LPG and bank database as the primary option. Else, they will get the subsidy directly into their accounts without linking it with Aadhaar as a secondary option.
The petroleum ministry is making hectic preparations for the relaunch of a modified direct benefit transfer scheme for LPG.
The Prime Minister’s Office has, meanwhile, directed the Unique Identification Authority of India and the National Population Register to complete the Aadhaar enrolment of the entire population by March next year. UIDAI has already issued over 70 crore Aadhar numbers across the country. The Modi government is, however, set to go ahead with Aadhaar to implement social schemes.
( Source : dc correspondent )
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