New Delhi : LPG Consumers in 18 districts will get the LPG subsidy of Rs 435 directly in their bank accounts with effect from June 1 whenever they book an LPG cylinder as part of the government scheme of direct benefit transfer programme with an objective to cut its fuel subsidy.
Union Minister for Petroleum Veerappa Moily will launch the scheme in Mysore on June 1, while Lakshmi Panabaka, Minister of State for Petroleum and Natural Gas will launch the scheme in Hyderabad, her home state.
Consumers in 18 districts like North Goa and Pondicherry will get Rs 435 in their bank accounts every time they book for an LPG refill.They will have to then buy cooking gas at market price which is double the rate. The scheme will be implemented in 20 district initially and will be extended to other districts on the basis of the results.
After three months only consumers having Aadhaar and banks accounts linked to them will get cash subsidy and will have to buy LPG at market price.