The Hindu·2 min read·medium
Under-recovery on domestic LPG narrows to ₹188/cylinder in August
T
The Hindu Bureau
✦AI Summary
The Indian government has reported a reduction in the implicit subsidy for domestic LPG cylinders, which dropped to ₹188 in August. Despite significant government compensation, state-owned oil companies continue to face substantial accumulated under-recoveries.
State-owned oil-marketing companies have narrowed their under-recovery on domestic liquified petroleum gas (LPG) in August, hovering at about ₹188 per cylinder, Suresh Gopi, Minister of State in the Union Petroleum Ministry told the Lok Sabha.
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