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'IOC expects cash subsidy of Rs 7K cr'

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  • Published On: May 10, 2010
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B M Bansal, chairman of IOC, says he expects at least Rs 7,000 crore as cash subsidy from the government to the oil firm. State-run oil marketing firms are compensated through subsidies for selling petrol, diesel, LPG and kerosene at a controlled price.
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