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On 1 June 2013, the minister of petroleum and natural gas, M Veerappa Moily formally launched the direct benefit transfer scheme for LPG (DBTL) in 20 high Aadhaar coverage districts. The subsidy on LPG cylinders would be credited directly to consumers' Aadhaar-linked bank accounts.
Various financial and other services are being Aadhaar-enabled, called Aadhaar-enabled Service Delivery (AeSD), in a phased manner. [23] By 1 January 2014, half of India (289 districts across various states) had been covered by DBT for subsidized LPG. By August 2013, 6.3 million duplicate LPG connections were detected by Aadhaar and were cancelled.
The Cabinet approved a subsidy of Rs.200 per 14.2 kg LPG cylinder for up to 12 refills per year.The total expenditurewill be Rs.6,100 crore for financial year 2022-23 and Rs.7,680 crore for 2023–24. Average LPG consumption of PMUY consumers has increased by 20 percent from 3.01 refills in 2019–20 to 3.68 in 2021–22.
In March 2016 the International Institute for Sustainable Development released a report that the benefit from Aadhaar-linked LPG subsidy scheme for 2014–2015 was ₹ 140 million (US$1.6 million) and for 2015–2016 was ₹ 1.21 billion (US$14 million). These sums were much lower than the number stated by Finance Minister Jaitley in the Lok Sabha.
Give Up LPG Subsidy is a campaign that was launched in March 2015 by the Indian government led by Prime Minister Narendra Modi. It is aimed at motivating LPG users who are able to afford to pay the market price for LPG to voluntarily surrender their LPG subsidy. [1] As of 23 April 2016, 10 million people had voluntarily given up the subsidy. [2]
The Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 is a money bill of the Parliament of India. It aims to provide legal backing to the Aadhaar unique identification number project.
As of 20 September 2022, Ultracash Technologies in collaboration with Bharat Petroleum helped 200,000 active users make LPG booking and payment through UPI 123PAY. [55] As of October 9, 2024, the RBI increased the transaction limit from ₹5,000 to ₹10,000. Banks and service providers have until January 1, 2025, to make the required ...
The signature service is facilitated by authenticating the Aadhaar holder via the Aadhaar-based e-KYC (electronic Know Your Customer) service. [2] To eSign a document, one has to have an Aadhaar card and a mobile number registered with Aadhaar. With these two things, an Indian citizen can sign a document remotely without being physically present.