State-run oil marketing companies (OMCs) will be able to taper their third quarter losses after the government has committed itself to a Rs 12,000-crore cash subsidy to compensate them for selling cooking fuels at government-regulated prices.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/omcs-may-pare-losses-govts-subsidy-promise
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-natural-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc