CAG: 92% of Govt's LPG savings was thanks to cheap oil

  |   India News

A report by the Comptroller and Auditor General of India, tabled in Parliament last week, has put the government in the dock for misrepresenting facts and has said that much of the savings –about 92% – are on account of falling oil prices. Only about Rs 1,764 crore of the savings were because of the government initiatives, the report said.

The government had launched the Aadhar-linked direct benefit transfer scheme to send the subsidy amount directly to the accounts of beneficiaries, thereby doing away with middlemen and weeding out duplicate connections.

The government has frequently claimed that a combination of these two has significantly reduced its subsidy burden – the actual amount, however, that has always been in dispute, even before the CAG came out with its audit.

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