With Aadhaar linkage, you’re poorer by Rs. 50

August 06, 2013 12:41 am | Updated June 28, 2016 07:55 pm IST - HYDERABAD:

Are you availing your LPG cylinder subsidy through your Aadhaar-linked bank account? If yes, you are paying Rs.50 more per cylinder than those who have not submitted their Aadhaar cards. The reason: local taxes and the lack of State Government subsidy.

Customers who have carried out the linkage pay Rs.962 for a cylinder, and get Rs.497 deposited to these accounts as subsidy, which means a cylinder costs Rs.465. In contrast, those who have not submitted their Aadhaar card pay Rs.412.50, a cool Rs.52.50 less than their peers.

“The State Government gives a subsidy of Rs.25 for each cylinder, which is not being extended to customers who have linked their Aadhaar and LPG accounts. These customers are also paying higher taxes,” State LPG co-ordinator Madhukar Ingole said. After August 31 — the deadline for compulsory linking of the Aadhaar number with LPG connections — this discrepancy will be absent as direct subsidy will be discontinued, Mr. Ingole said.

Uninspiring

However, only 35 per cent LPG customers have got the linkage in place till date, primarily because of the complexities involved.

How money flows

Once a cylinder is purchased, the subsidy money is released by the gas distribution company to the National Payments Corporation of India (NPCI), which in turn credits it into the beneficiary’s bank account. For this, a customer’s accounts — both LPG and bank — should be linked to the Aadhaar. Also, the gas agency should forward the Aadhaar card details to the distribution company and the bank should link their account with NPCI through the Aadhaar card number.

“There is a delay in linking bank accounts with the NPCI, because of which, most customers are not getting the subsidy deposited directly to the bank accounts. Banks are speeding up the process and we hope the issue will be resolved before August 31,” Mr. Ingole said.

Check status

Customers can check their current status at the transparency portals of gas distribution companies as well as the Aadhaar portal.

The government, meanwhile, is yet to provide clarification on the subsidy amount of Rs.25. Once the process of linking the Aadhaar is complete, disbursement of subsidy will be smooth, Mr. Ingole said, adding that there have been direct transfers of more than Rs.100 crore till date.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.