Wednesday, October 12, 2022

₹22k crore grant for government oil companies to bridge LPG losses

The Centre will pay Rs 22,000 crore as a one-time grant to state-run fuel retailers to compensate them for keeping price of LPG (liquefied petroleum gas) supplied as cooking fuel to households - in check in spite of a surge in the benchmark rates. The proposal was cleared by the Cabinet on Wednesday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mhdwa8Z

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