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Home > News > 'Oil cos overstating deficit from sale' > 'Oil cos overstating deficit from sale'

'Oil cos overstating deficit from sale' [1]

BS Reporter / New Delhi July 24, 2008, 15:24 IST

The oil marketing companies have been overstating the deficit from sale of subsidised petroleum products, according to Planning Commission member B K Chaturvedi. He however declined to share the extent of this over-estimation.

A committee headed by him has been examining the "reported deficit and the real deficit faced by oil marketing companies as a result of price constraints imposed on them."

Publication Date: 
25/07/2008
Business Standard (New Delhi) [2]
Tags:
Bharat Petroleum Corporation (BPCL) [3], Hindustan Petroleum Corporation (HPCL) [4], Fuel Pricing [5], Indian Oil Corporation (IOC) [6]
Centre for Science and Environment
National Knowledge Commission Government of India

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[1] http://admin.indiaenvironmentportal.org.in/news/oil-cos-overstating-deficit-sale
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc