No plans to withdraw LPG subsidy to well off people: Sinha

As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic LPG connections.

March 10, 2015 03:53 pm | Updated November 17, 2021 02:02 am IST - New Delhi

Government has launched an initiative for LPG consumers to voluntarily give up their subsidy.

Government has launched an initiative for LPG consumers to voluntarily give up their subsidy.

There are no plans to withdraw the facility of subsidised LPG cylinders to financially well off people, even as 1.46 lakh such consumers have voluntarily given up the subsidy, the government said on Tuesday.

“As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic LPG connections,” Minister of State for Finance Jayant Sinha said in a written reply in Rajya Sabha.

“There is no proposal under consideration by the government to withdraw subsidised cylinders to the financially well off people,” he added.

However, government has launched an initiative for such LPG consumers to voluntarily give up their subsidy, he said.

In reply to another question, the minister said that components of cash subsidies are transferred to individuals or institutions in their bank accounts electronically on DBT platform.

“DBTL PAHAL has been launched across the country w.e.f. January 1, 2015 where subsidy is transferred directly into the bank accounts of beneficiaries. DBT under food and fertiliser has not yet started,” Mr. Sinha said.

Accurate targeting of intended beneficiary through DBT provides full protection to the weaker sections of the society, he said.

Other schemes covered by DBT relate to women and child development, scholarships, labour and employment and old age pensions.

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.