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Centre may allocate Rs 44,000 cr to oil firms to compensate for LPG losses
The central government is planning to allocate Rs 44,000 crore as compensation to oil companies for losses they have been bearing by selling LPG at below-market rates, a report said
LPG price movements: Monthly hikes set to return, in a smaller dose
According to the Petroleum Planning and Analysis Cell (PPAC), the subsidy on cooking gas for a cylinder was Rs 251 in December
