Subsidy on LPG cylinders falls to zero for the first time

  • Thread starter Thread starter Bapun
  • Start date Start date
  • Replies Replies: Replies 0
  • Views Views: Views 558

Bapun

Staff member
Community Manager
Joined
3 Nov 2010
Messages
28,998
Solutions
17
Reaction score
41,386
The government’s decision to up the price of subsidised cylinder over the past several months along with the recent fall in non-subsidised LPG price has led to zero subsidy for the first time in years.

In fact, according to a calculation by a Nomura report, oil companies may end up making an over-recovery of Rs 120 on every cylinder in May.

Subsidy on LPG cylinders falls to zero for first time in years
 
Back
Top Bottom