{"id":504260,"date":"2022-07-08T11:28:04","date_gmt":"2022-07-08T05:58:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504260"},"modified":"2022-07-08T11:28:04","modified_gmt":"2022-07-08T05:58:04","slug":"oil-ministry-to-push-for-%e2%82%b944000-crore-compensation-to-offset-lpg-losses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-ministry-to-push-for-%e2%82%b944000-crore-compensation-to-offset-lpg-losses\/","title":{"rendered":"Oil ministry to push for \u20b944,000 crore compensation to offset LPG losses"},"content":{"rendered":"<p>The petroleum and natural gas ministry is planning to push for an allocation of \u20b944,000 crore to compensate state-run oil companies for the losses they have been incurring by selling domestic cooking gas at below-market rates, said people aware of the matter.<\/p>\n<p>The amount would go towards offsetting oil marketing companies&#8217; losses on the sale of cooking gas in 2021-22 and 2022-23 as well as providing subsidies to Ujjwala customers this year, said the people. The proposal is likely to be finalised shortly and sent to the finance ministry, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The petroleum and natural gas ministry is planning to push for an allocation of \u20b944,000 crore to compensate state-run oil companies for the losses they have been incurring by selling domestic cooking gas at below-market rates, said people aware of the matter. The amount would go towards offsetting oil marketing companies&#8217; losses on the sale of cooking gas in 2021-22 and 2022-23 as well as providing subsidies to Ujjwala customers this year, said the people. The proposal is likely to be finalised shortly and sent to the finance ministry, they said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-504260","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=504260"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504260\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}