Under-recovery on domestic LPG narrows to ₹188/cylinder in August
Summary
- The under-recovery on domestic LPG has narrowed to ₹188 per cylinder in August.
- The accumulated under-recovery as of July-end stood at ₹59,000 crore.
- The government has provided compensation packages to oil marketing companies to offset under-recoveries.
Key Facts
- · Under-recovery on domestic LPG in August: ₹188/cylinder
- · Accumulated under-recovery as of July-end: ₹59,000 crore
Why it matters
The under-recovery on domestic LPG affects the financial health of oil marketing companies and has implications for the government's subsidy burden.
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