Centre joins issue with CAG over LPG - News Summed Up

Centre joins issue with CAG over LPG


The Centre had carried out an exercise to eliminate duplicate, fake, ghost, and inactive accountsThe Petroleum Ministry has issued a rebuttal claiming its calculations were correct on the savings on account of direct benefit transfer in LPG cylinders tabled in Parliament. A report by the Comptroller and Auditor General had questioned the method arrived at on the savings, more than 10 days ago. The government also maintained that the savings were mostly due to the elimination of fake LPG accounts due to the implementation of PAHAL, the direct benefit transfer scheme for LPG subsidies. “For the financial year (FY) 2014-15, for 3.34 crore consumers outside the PAHAL net, the estimated savings would be 3.34 crore x 12 cylinders x Rs.369.72 (average Subsidy/cylinder for FY 2014-15) equal to Rs.14,818.4 crore,” the government clarification said. “Following a similar principle, the savings estimated for FY 2015-16 is Rs.6,443 crore and the total for both the years works out to Rs.21,261 crore.”


Source: The Hindu August 23, 2016 18:45 UTC



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