In a statement on Thursday, the Indian Oil cooperation, a transfer of 2780 crore rupees to be done in the bank account of 37million customers by Saturday. The customers are said to get their first cylinder free as said by the government last month.
With the demand of cooking gas to be increased during the lockdown period, IOC to import more than 50% of LPG in April and May. The IOC also advised the distributors to refill the cylinders of the customers under the Pradhan Mantri Ujwal yojana(PMUY). These customers will get free refill in the month if April, May and june.
The transfer of funds have already begun, and this process will mostly end by two days. The person will get a the subsidy amount in their bank account in advance and they have to pay full market price to the delivery boy.