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Updated: Rs 47Cr LPG subsidy credited to 23 lakh Airtel Payments Bank accounts instead of regular accounts

Update: From June 9 this year till late last month, over Rs 47 crore worth of LPG subsidy was credited to more than 23 lakh consumers' Airtel Payments Bank accounts instead of their regular bank accounts, according to the National Payments Corporation of India (NPCI), as reported by ET. Of this, about 11 lakh consumers belong to Indian Oil, and about 6 lakh consumers each of Bharat Petroleum and Hindustan Petroleum. Note that earlier the Ministry of Petroleum & Natural Gas had said that the mix-up had happened because "as per subsidy transfer protocol, the LPG subsidy is transferred to the (latest) bank account of the beneficiary seeded with their Aadhaar." Earlier (October 30): The Ministry of Petroleum & Natural Gas has informed that after following up on several consumer complaints regarding non-credit of LPG subsidy over the past few weeks, it has learnt that the subsidy had been credited to their Airtel Payments Bank accounts instead of their regular bank accounts. The Ministry said that "as per subsidy transfer protocol, the LPG subsidy is transferred to the (latest) bank account of the beneficiary seeded with their Aadhaar." So, those consumers who are Airtel subscribers and have opened an Airtel Payments Bank account had their LPG subsidy transferred to this account. However, this wasn't notified to them. The Ministry added that to "redress the inconvenience caused to LPG consumers, MoPNG and Oil Marketing Companies (OMCs) have already taken up the matter with the concerned authorities in Department of Financial Services (Ministry of Finance),…

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