Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis
Even as the Centre is accelerating the Direct Benefits Transfer (DBT) scheme for subsidised LPG cylinders, oil marketing companies are unlikely to benefit much from it. This is because the Prime Minister's Office has proposed that the government credit subsidy for only one cylinder into a beneficiary's account. Subsidy on the remaining quota of eight liquefied petroleum gas (LPG) cylinders would be borne by oil marketing companies (OMCs), which the government would reimburse later.