India to spend extra $ 4.5 b on oil subsidies

Saturday, 9 March 2013 00:00 -     - {{hitsCtrl.values.hits}}

Reuters: The Government has sought Parliament’s approval to spend an additional Rs. 247.74 billion on oil subsidies in the current fiscal year that ends in March.

New Delhi expects the total spending on oil subsidies for the year to be Rs. 968.8 billion.

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