Browsing Tag

subsidy

Govt Approves ₹30,000 Cr Compensation for OMCs

The Union Cabinet has approved a ₹30,000 crore compensation package for three public sector OMCs: IOCL, BPCL, and HPCL. The compensation is for "under-recoveries" on the sale of domestic LPG, as high international prices were not…

Cabinet Extends Ujjwala Subsidy for 2025-26

The Union Cabinet has approved the continuation of a ₹300 per cylinder subsidy for PMUY beneficiaries for the 2025-26 fiscal year. The subsidy will be provided for up to nine LPG refills per year for a 14.2 kg cylinder, with a total…