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Centre to give LPG subsidy to oil PSUs
Mint Ahmedabad
|January 10, 2025
The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.
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The three fuel retailers have kept the price of domestic liquefied petroleum gas (LPG) unchanged at ₹803 per 14.2-kg cylinder since March 2024 despite a rise in input raw material cos
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