Comments
The under-recovery or loss incurred by public sector oil marketing companies for selling sensitive products at less-than-market rates increased for PDS kerosene and decreased for domestic LPG as on March 1.
For kerosene, under-recovery increased to Rs 16.19 a litre from Rs 13.32 on February 1. This is an increase of nearly 21.5 per cent.
Meanwhile, under-recovery on domestic LPG dropped 11.2 per cent to Rs 143.68 a cylinder from Rs 161.81 a cylinder on February 1.
“The under-recoveries from April to December 2014-15 have been Rs 67,091 crore. The figure was Rs 1,39,869 crore for the full year in 2013-14,” an official statement said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.