Oil marketing companies

No change in fuel prices in almost 3 weeks

Prices of both auto fuels reduced only once in April by 16 and 14 paisa per litre, respectively. Diesel prices were also reduced by 16 paisa per litre in Delhi on July 12.

Turbid Policy

The total government subsidy for fertilizer, food and petroleum was aggregated to Rs 1,96,769 crore. This constitutes 56.53 per cent of central petroleum revenue and 34.18 per cent of the total petroleum sector's revenue. This clearly shows that this sector meets the Centre's entire subsidy burden; so, it would be wrong to say the subsidy to the sector is a burden on the government