Government says direct cash transfer saved Rs 14,672 crore on LPG in a year

Zee Media Bureau

New Delhi: The government has saved Rs 14,672 crore in LPG subsidy in a year as a result of direct transferring subsidy benefit into bank accounts.

According to a report, this has become possible as the DBT scheme resulted in blocking all the duplicate and fake connections under the scheme PAHAL.

According to Oil Ministry there were 18.19 crore registered LPG consumers and 14.85 crore active consumers implying a gap of 3.34 crore consumers which are duplicate/fake/inactive accounts.

As per the ministry, the subsidy outgo is a result of a couple of factors like exchange rate, prevailing crude price, and tax structure in states.