After receiving the subsidy, consumers in these selected 20 districts would have to buy the LPG cylinder at market rate
Petroleum minister Veerappa Moily said that the government would launch direct benefit transfer for LPG cylinders in 20 districts across the country from 1st June.
Under the scheme, LPG consumers in these 20 districts that have high coverage for Aadhaar number would receive the subsidy amount directly into their bank accounts as and when they book a new cylinder. After that, these consumers would have to pay the market rate for buying the LPG cylinder.
“For the benefit of LPG consumers, who cannot complete formalities by 1 June 2013, a grace period of three months is being given to complete the formalities. After this period, all consumers who have not completed the formality will get LPG cylinders at market price, without any subsidy, till they complete the same,” ministry of petroleum and natural gas said in a statement.
The market is merciless in evaluating bank performance and corporate governance standards. If the government does not wake up to streamline entire system of appointment of Directors, all of us may have to repent in leisure
Kejriwal alleged that Sibal has a 'conflict of interest' in the case involving Vodafone as his lawyer son Amit 'continues to defend' Hutchinson
Arvind Kejriwal led Aam Aadmi Party (AAP) on Wednesday alleged that soon after taking charge as law minister, Kapil Sibal has overturned his predecessor Ashwani Kumar's decision on Vodafone income tax (I-T) liability of Rs11,217 crore.
In a statement, AAP raised questions on the haste in which law ministry within a day of Kapil Sibal taking charge gave its go-ahead for a conciliatory out-of-court settlement of over Rs11,000 crore tax dispute with Vodafone that marked a change in stance.
Kejriwal also alleged a conflict of interest in this case as Kapil Sibal's son Amit is lawyer for Hutchison Telecommunication International, one of the main party in the case.
Earlier, Ashwani Kumar had rejected finance minister P Chidambaram’s proposal for conciliation with Vodafone saying it as illegal. Even Attorney General GE Vahanvati advised against this compromise and insisted on Vodafone paying the tax, said AAP in the statement.