Back to cash transfer from Jan. 1 in Tiruchi

About 60 p.c. of LPG users have completed seeding process

December 25, 2014 08:42 am | Updated 08:42 am IST - TIRUCHI:

With the Direct Benefit Transfer scheme for LPG consumers set to come into force from January 1, the process of linking the bank accounts of the consumers is under way with the distributors setting up special counters to receive forms.

According to sources, nearly 60 per cent of about 5.68 lakh LPG consumers in Tiruchi district had completed the seeding and the process was going on at a steady pace.

Under the scheme, LPG consumers would have to buy the refills at full market price and the difference between the subsidised and market prices would be transferred to their bank account.

The scheme is set to come into force from January 1 and consumers would be given three months to complete the seeding process.

Sources in the Indian Oil Corporation said that consumers with or without Aaadhaar can complete the seeding process.

There were two forms — one for those with Aaadhaar cards and the other for those without the cards.

Those with or without the Aadhaar cards should submit the relevant forms.

Once the customers become Aadhaar or bank transfer compliant, the advance subsidy amount would be deposited in the bank accounts of the customers. Such customers would be required to pay full market price of their next LPG refill and the subsidy amount would be deposited in their accounts within two days after the delivery of the refill. Those without Aadhaar cards would be required to link the same after they get the cards.

Sources in the oil companies said that all distributors had set up special counters/desks to receive the forms from consumers.

A representative of the Indane LPG distributors association said they were planning to hold a special camp at the K.A.P. Viswanathan Primary School at Fort Station Road in Thillai Nagar on December 28 to receive forms from consumers.

Consumers who already carried out the seeding process last year, can check their status by visiting the website www.mylpg.in

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