Impact of Crude Oil crash on Indian fuel subsidies

The total subsidy incurred on the sale of regulated petroleum products i.e., Diesel (up to 18.10.2014), PDS Kerosene and Subsidized Domestic LPG during Financial Year 2013-14 and Financial Year 2014-15 (estimated) is Rs. 1,46,339 crore and Rs. 72,415 crore respectively.
Source: Commodity Online

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