Over 80 % LPG consumers have joined PaHaL

Image
Capital Market
Last Updated : Mar 05 2015 | 1:47 PM IST
As on 2nd March, 2015, 81% active LPG consumers (11.74 crore) have joined the PaHaL scheme which was introduced in 54 Districts of the country on 15th November 2014 and in rest of the country on 1st January 2015. In a short period the enrollment has achieved a satisfactory level of penetration of over 80%.

An amount of Rs. 6745.41 crore has been transferred since 15th November, 2014 through 18.9 crore transactions. At present, a fixed permanent advance of Rs.568 is also given to every consumer. This has been revised to become variable every month, equal to the actual subsidy due at the time of booking w.e.f. 1 April 2015 and subject to a maximum of Rs.568.

The success of the scheme is a result of an intensive Information Education Campaign comprising of advertising through various means and directly reaching out to consumers, several innovative measures such as guardian officers for each district, deployment of technology by use of SMS, and a single window portal www.mylpg.in to enable consumers to join the scheme. The progress of the scheme implementation is being directly monitored at the level of Minister of State (Independent Charge) Petroleum and Natural Gas Sh. Dharmendra Pradhan.

PaHaL will save subsidy by reducing the incentive to divert subsidized cylinders and also provides an easy exit route for those who do not want to avail subsidy on domestic gas cylinders. The enrollment are continuing and it is expected that full benefits will start accruing with market pricing of domestic LPG cylinders cover the entire country w.e.f 1 April 2015.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 05 2015 | 12:24 PM IST

Next Story