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Govt approves ₹30k cr compensation to OMCs for LPG under-recoveries
The New Indian Express Mysuru
|August 09, 2025
Second major relief package by govt to OMCs
The government on Friday announced a ₹30,000 crore compensation package for public sector oil marketing companies (OMCs) to offset losses incurred from selling domestic LPG at regulated prices.
The compensation will be extended to Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL). This marks the second major relief provided by the government, following a ₹22,000 crore grant in October 2022. With this latest allocation, total financial support to OMCs now amounts to ₹52,000 crore.
Denne historien er fra August 09, 2025-utgaven av The New Indian Express Mysuru.
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FLERE HISTORIER FRA The New Indian Express Mysuru
The New Indian Express Mysuru
Oppn slams BJP as kin of Maha ministers elected unopposed in local polls
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The New Indian Express Mysuru
Teacher dies by suicide due to 'SIR workload'
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3 mins
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Gave my best to nation, says Gavai in farewell speech
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1 min
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1 min
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ED crackdown on coal mafia, raids 40 locations in J’khand and Beng
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1 mins
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The New Indian Express Mysuru
Diplomats talk culture business at Goa film fest
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1 mins
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The New Indian Express Mysuru
Women form 4.3% of jail population, but face systematic barriers: NCW
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SC seeks EC's reply on fresh SIR pleas
ALSO IN TOP COURT
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1 min
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