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Subsidy burden in FY14 will not be worse than FY13: ONGC

If the rupee trades at around 62/USD and the oil price is about USD 110/barrel then the subsidy burden would be something like Rs 159,000 crore, which is just about the same as last year which was Rs 1,61,029 crore.

first published: Sep 26, 2013 10:06 am

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