Moneycontrol

Moneycontrol PRO

you are here: HomeNewsBusinessCNBC-TV18 CommentsGovernment recalculates OMCs under recoveries

SHOW NAMES

Trending Topics

business

Government recalculates OMCs under recoveries

The oil marketing companies (OMCs) have projected under-recoveries at Rs 1.6 lakh crore. Currently, government‘s total subsidy burden stands at Rs 2.06 lakh crore and the government is trying to meet a fiscal deficit target of 5.3 percent, reports Akansha Sethi of CNBC-TV18.

first published: Jan 3, 2013 06:26 pm

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347