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BreakingUS Retirement Shock: Nearly Half of Americans Have No Savings; A Wake-Up Call for India1/6
Topicin Govt Schemes

Cooking Gas

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LPG Under-Recovery for OMCs Hits ₹62,000 Crore in August, Up ₹3,000 Crore from July
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Govt Schemes

LPG Under-Recovery for OMCs Hits ₹62,000 Crore in August, Up ₹3,000 Crore from July

Indian Oil Marketing Companies (OMCs) faced a higher financial burden from selling LPG below cost in August. Their under-recovery for cooking gas reached ₹62,000 crore, an increase of ₹3,000 crore from the ₹59,000 crore reported in July. This rise highlights the ongoing pressure on state-run fuel retailers due to controlled LPG prices.

1h ago·2 min readListen
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