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    Paurin Zaveri

    Analyst-Research

    CRISIL Market Intelligence and Analytics

    LPG price cut was aimed at realigning with market dynamics

    BUSINESS

    LPG price cut was aimed at realigning with market dynamics

    In the complex interplay of political and economic factors that govern LPG consumption in India, the recent reduction in domestic LPG prices, coupled with supplementary support for the PMUY segment, is unlikely to exert any additional fiscal burden on the government or OMCs. 

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