Good news for consumers of LPG gas in India. Oil companies like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are now ready to enforce the dual pricing mechanism again after ten years.
With the enforcement of the old dual pricing policy, the users, who have not done the e-KYC for their LPG gas connections, will not get the subsidy and will be required to buy gas cylinders at commercial/market prices.
To get a subsidised cylinder, you need to complete the e-KYC of your LPG connection right away. People who have done the e-KYC for their LPG connections will get subsidised cylinders.
Failure in completing the e-KYC will result in getting an LPG cylinder on market prices soon. This implies that you will buy LPG gas without subsidy.
Guidelines for the enforcement of the said policy have been issued by Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum. These companies have stated that 5 kg and 10 kg gas cylinders will be given to people who will not do the e-KYC and these cylinders will be supplied to consumers on commercial prices. A date for implementing this system is expected to be announced soon.
It should be noted that oil companies are now offering domestic gas cylinders at two rates. Currently, the price of a cylinder is ₹952, which includes a subsidy of ₹12. With the implementation of the dual pricing system, domestic LPG cylinders will have two rates.
Those who complete e-KYC for their LPG connections will receive subsidized cylinders. Those who do not complete e-KYC and Ujjwala Yojana consumers will receive cylinders at commercial rates.
How to complete e-KYC for a gas cylinder?
LPG cardholders can easily complete this verification through biometrics at their respective gas agency or distributor. Also, if you don't want to visit the agency, you can complete your work from home. Using their official mobile app, you can also complete your e-KYC from home using Aadhaar face authentication.
Good news for consumers of LPG gas in India. Oil companies like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are now ready to enforce the dual pricing mechanism again after ten years.
With the enforcement of the old dual pricing policy, the users, who have not done the e-KYC for their LPG gas connections, will not get the subsidy and will be required to buy gas cylinders at commercial/market prices.
To get a subsidised cylinder, you need to complete the e-KYC of your LPG connection right away. People who have done the e-KYC for their LPG connections will get subsidised cylinders.
Failure in completing the e-KYC will result in getting an LPG cylinder on market prices soon. This implies that you will buy LPG gas without subsidy.
Guidelines for the enforcement of the said policy have been issued by Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum. These companies have stated that 5 kg and 10 kg gas cylinders will be given to people who will not do the e-KYC and these cylinders will be supplied to consumers on commercial prices. A date for implementing this system is expected to be announced soon.
It should be noted that oil companies are now offering domestic gas cylinders at two rates. Currently, the price of a cylinder is ₹952, which includes a subsidy of ₹12. With the implementation of the dual pricing system, domestic LPG cylinders will have two rates.
Those who complete e-KYC for their LPG connections will receive subsidized cylinders. Those who do not complete e-KYC and Ujjwala Yojana consumers will receive cylinders at commercial rates.
How to complete e-KYC for a gas cylinder?
LPG cardholders can easily complete this verification through biometrics at their respective gas agency or distributor. Also, if you don't want to visit the agency, you can complete your work from home. Using their official mobile app, you can also complete your e-KYC from home using Aadhaar face authentication.