Wednesday 13 February 2013

One more clarification needed

Ever since the direct cash transfer scheme for LPG subsidy was announced, we have been seeing people in authority make contradictory statements leading to more and more confusion.
This is the latest entry in the list of contradictory statements. It deals with when the LPG subsidy amount actually gets deposited in the consumer account. Advertisements which are appearing on the radio say that the subsidy gets deposited in the account as soon the new cylinder is booked. A few days ago, they interviewed an IOC official Mr. Mahesh on the Mysore FM radio station and it was again stated in the programme that the subsidy amount would be deposited in the consumer account as soon as the booking is done and that the consumer can use this amount to pay for the cylinder.
But a visit to the IOC website gets you a different answer. The website says that the amount will be credited a few days after the cylinder is delivered.
Will someone answer definitively when the subsidy amount will be credited to the bank account?
P.M. Bhat, Mysore Grahakara Parishat