Government to apply diesel formula for LPG, kerosene

Jun 25 2014, 02:55 IST
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Increasing prices in small doses could improve central finances in 2 years Increasing prices in small doses could improve central finances in 2 years
SummaryIncreasing prices in small doses could improve central finances in 2 years

power in May.

In FY14, the Centre paid R70,772 crore of oil subsidy while upstream firms ONGC, Oil India and GAIL (India) shared an additional burden of R67,021 crore.

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