After petrol and diesel, buying and paying for cooking gas (LPG) online will get consumers a discount of Rs 5 per cylinder.
State-owned fuel retailers, Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will offer "an upfront discount of Rs 5 on every LPG refill to all LPG customers who will book and pay for it online," an official statement said.
To provide cashless transactions, the government had asked oil companies to pay consumers 0.75 percent discount on cashless fuelling of petrol and diesel at petrol pumps.
This has now been extended to cooking gas (LPG).
Customers can make payment through existing online modes ie net banking, credit and debit cards at the time of web-booking their refills.Official Statement
On doing so, customers will see the discounted amount displayed on their screens. This net amount payable will be the retail selling price minus the incentive amount of Rs 5 per cylinder.
The net discounted amount will also be shown on the cash memo accompanying the home-delivery of the LPG cylinder.Official Statement
A subsidised LPG cylinder of 14.2-kg currently costs Rs 434.71 in Delhi. A non-subsidised cylinder of a similar size, which a consumer having a non-subsidised connection buys, costs Rs 585.
The oil firms offer a 0.75 percent discount on the price of petrol and diesel to consumers paying by cards or mobile wallets to push people towards digital payments in the face of a severe cash crunch brought in by the demonetisation of Rs 500 and Rs 1,000 notes.
Such discount is credited to a customer's account by way of 'cash back' within a maximum of three working days.
Stating that the discounts are aimed to encourage consumers to increasingly shift to digital payment modes to achieve the objective of no-cash or less-cash based transactions, the statement said, “The incentive will encourage more and more LPG consumers to go for cashless mode transactions.”
Since demonetisation was announced, Prime Minister Narendra Modi has been calling for a cashless economy and the government has launched several schemes to promote digital transactions.
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