Submitting LPG subsidy in bank accounts saved government a whopping Rs 21,000 crore
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Directly submitting the benefit into users’ bank accounts has helped eliminate duplicate connections as well as diversions, making the Indian Government save over Rs 21,000 crore in cooking gas
It was from November 2014 that the government has started to submit subsidy amount directly into bank accounts of cooking gas consumers in select districts of India, while from January 1st 2015, the practice was started in the rest of the country.
As on April 1, 2015, there were 18.19 crore registered LPG consumers, while there were 14.85 crore active consumers, which means that 3.34 crore consumers were duplicate, fake or inactive accounts.
"Eliminating such 3.34 crore consumers helped save Rs 14,672 crore in 2014-15 fiscal (year ending March 31, 2015)," Oil Minister
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