For Quick Alerts
For Daily Alerts

Get Aadhar card by August this year to avoid losing LPG subsidy

By Religare
Get Aadhar card by Aug this year to avoid losing LPG subsidy
Domestic LPG customers in 20 districts will have to get their Aadhar card made and linked with the bank account by August this year to avail the subsidy on nine cylinders. Read how to get Aadhar Card?

The Petroleum Minister M Veerappa Moily, addressing a press conference, said aadhar number and its seeding with the bank account is a part of the Direct Benefit Transfer (DBT) scheme for LPG customers and to continue receiving those benefits, they will have to get the exercise completed within three months, starting from June 1.

He said all LPG consumers would get an advance in their bank account as soon as they book the first subsidize cylinder even before delivery, so that they don't feel the burden when they purchase the first cylinder at market rate.

On the day of receiving for first cylinder, government will credit the subsidy again in bank account of customer for the purchase of the next cylinder at the market rate.

Currently, there is 89 per cent Aadhar penetration with just half of them linked to bank accounts in these 20 districts where LPG data base stands at 75 lakh consumers.

Read more about: aadhar
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'


We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more