Direct Benefit Transfer of LPG (DBTL) scheme, which is AADHAR linked LPG subsidy given disbursed through banks. Under the (DBTL) an LPG consumer will get his/her cylinder at full market price and the differential between subsidized price and full market price i.e. the subsidy will be transferred to his/her bank account. Under this scheme, all LPG consumers will start receiving their LPG cylinders at full market price and will get their subsidy directly in their bank accounts up to a capped limit(9 cylinders in a year)of LPG cylinder. All Aadhaar linked LPG consumers will get an advance of Rs 435 in their bank account as soon as they book their first subsidized cylinder.
How it benefits banks?
Disbursing subsidy directly through bank accounts will increase the credit amount of customers which will in turn result in a boost in deposit quantityContinue reading
Gift articles,books and electronic gadgets are the most selling goods via online. In a recent survey covering around 5,000 shoppers around major cities states that sales are in a boost during festival season, like Raksha Bandhan, Diwali, etc… Most products bought & sold off through online comprise Gift articles (58%), books (42%), electronic gadgets (41%), […]Continue reading
This festive season, there is a 65% more traffic on online retail websites and shopping on ground has taken a back seat. Apart from convenience, rising fuel price, security reasons, online discounts and availability with abundance of choice keeping them indoors, said Mr. D S Rawat, Secretary General ASSOCHAM(The Associated Chambers of Commerce and Industry […]Continue reading