Household LPG price hiked marginally

Friday, Oct 24, 2014,17:31 IST By metrovaartha A A A

12 cylinders a year with subsidy to continue * subsidy at floating rate to be paid through bank account * Aadhaar card not a must to get subsidy
Government today announced an increase of Rs. 3.50 per cylinder on the price of subsidised LPG for households. The increase will make cylinder price in Kerala to Rs. 444. Increase in distributor commission was the reason cited behind the hike.
Oil Minister Dharmendra Pradhan said the government has no plans to curtail supply of subsidised cooking gas (LPG) from current 12 cylinders per household in a year even as it looks to give cash subsidy to consumers across the country by June. He was talking to Press Trust of India in an interview.
In August, government gave consumers the freedom to avail their quota of 12 cylinders of 14.2-kg weight at subsidised rate during anytime of the year against the previous restriction of one per month.
Pradhan said the Cabinet had on Saturday modified the Direct Benefit Transfer Scheme for LPG to provide for cash subsidy equivalent to the difference between the current rate and the market price, in bank accounts of each consumer. But unlike the scheme launched during the previous UPA government, having an Aadhaar card for getting the cash subsidy is not mandatory, he said.
Currently, the modified DBTL is being launched in 54 districts and from January 1 it will be rolled out in all the remaining districts of the country, he said. The scheme will be implemented in a mission mode. There will be no consumer who will be denied LPG for want of Aadhaar number. Pradhan said the government is working on fixing the amount of subsidy to be given under DBTL.