Monday 17 November 2014

Indian Oil Corporation launches MDBTL in 4 districts of Madhya Pradesh

Indian Oil Corporation (IOC), the country’s biggest refiner, has launched modified direct benefit transfer for LPG (MDBTL) in four districts (Burhanpur, Khandwa, Harda and Hoshangabad) of Madhya Pradesh. Under this scheme, LPG customers who don't have an Aadhaar card can also avail subsidy in their bank accounts. The ambitious plan of direct benefit transfer for LPG (DBTL) was launched by UPA government in June 2013 but was abruptly stopped earlier this year following court orders, has been modified to exclude the requirement of unique identification number (Aadhaar) for availing the cash subsidy.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

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