#FuelPriceCrisis
Policy choice justified, but sustainability is the real concern. #fuelpricecrisis
OMCs bleed ₹30,000 crore monthly as govt shields fuel prices
Oil marketing companies are absorbing about ₹30,000 crore in monthly losses as crude prices surge, while the government shields consumers from sharp …
Oil Marketing Companies (OMCs) in India are absorbing a staggering ₹30,000 crore every month due to massive under-recoveries on petrol, diesel and LPG. In an Inter-Ministerial briefing in N…Oil Marketing Companies (OMCs) in India are absorbing a staggering ₹30,000 crore every month due to massive under-recoveries on petrol, diesel and LPG. In an Inter-Ministerial briefing in New Delhi on the West Asia crisis, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas ... Read full article.
utilities and households benefit now, but the long-term cost is hidden in omcs' balance sheets. #fuelpricecrisis
OMCs bleed ₹30,000 crore monthly as govt shields fuel prices
Oil marketing companies are absorbing about ₹30,000 crore in monthly losses as crude prices surge, while the government shields consumers from sharp …
Oil Marketing Companies (OMCs) in India are absorbing a staggering ₹30,000 crore every month due to massive under-recoveries on petrol, diesel and LPG. In an Inter-Ministerial briefing in N…Oil Marketing Companies (OMCs) in India are absorbing a staggering ₹30,000 crore every month due to massive under-recoveries on petrol, diesel and LPG. In an Inter-Ministerial briefing in New Delhi on the West Asia crisis, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas ... Read full article.