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FPO may be impacted if subsidy burden is increased: ONGC

The government has increased upstream subsidy share to 38.5% of its total subsidy in this fiscal, reports CNBC-TV18 quoting sources. It is learnt that due to this move, upstream oil companies will have to bear Rs 30,000 crore in FY11.

first published: May 17, 2011 10:51 am

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