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9th August 2016 Current Affairs Questions and Answers

9th August 2016 Current Affairs MCQs, Quiz, Questions : Current Affairs for August 2016 ,  Daily Multiple Choice Questions (MCQs) for In...

Direct Benefit Transfer (DBT) scheme for kerosene from 1st April 2016

Union Government is going to roll out LPG-like Direct Benefit Transfer (DBT) scheme for kerosene from 1st April 2016. The scheme in the initial phase will be implemented in selected 26 districts of eight states. These states are Haryana, Chhattisgarh, Jharkhand, Himachal Pradesh, Maharashtra, Madhya Pradesh, Punjab and Rajasthan. Under the scheme People will buy kerosene at market rate (un-subsidised price) but will get subsidy directly in their bank accounts. The cash subsidy paid to users under it will be equivalent to the difference between current Public Distribution System (PDS) price and market rate of kerosene.