
Cabinet approves Rs 30,000 cr compensation to OMCs for losses in domestic LPG
New Delhi, Aug 8 (UNI) The Union Cabinet chaired by Prime Minister Narendra Modi today approved compensation amounting to Rs 30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for under-recoveries incurred on sale of domestic LPG. The distribution of the compensation within the OMCs will be done by the…