Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCL
The government plans to grant a Rs 35,000 crore subsidy to IOC, BPCL, and HPCL to cover losses from selling domestic LPG at unchanged prices despite rising costs. The subsidy will be dispensed over two years, starting with Rs 10,000 crore in the current fiscal year.
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