{"id":551938,"date":"2023-02-02T10:43:44","date_gmt":"2023-02-02T05:13:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551938"},"modified":"2023-02-02T10:43:44","modified_gmt":"2023-02-02T05:13:44","slug":"fuel-subsidies-are-back-oil-companies-to-get-rs-30000-cr-for-holding-petrol-diesel-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-subsidies-are-back-oil-companies-to-get-rs-30000-cr-for-holding-petrol-diesel-prices\/","title":{"rendered":"Fuel subsidies are back: Oil companies to get Rs 30,000 cr for holding petrol, diesel prices"},"content":{"rendered":"<p>The Union Budget for 2023-24 will dole out Rs 30,000 crore to state-owned fuel retailers to make up for the massive losses they ran because of holding petrol and diesel prices despite rise in cost in a bid to help the government contain inflation. Finance Minister Nirmala Sitharaman has allocated the money under the head &#8220;capital support to oil marketing companies&#8221;. It offered no explanation why the blue chip, cash rich oil PSUs should need capital support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Budget for 2023-24 will dole out Rs 30,000 crore to state-owned fuel retailers to make up for the massive losses they ran because of holding petrol and diesel prices despite rise in cost in a bid to help the government contain inflation. Finance Minister Nirmala Sitharaman has allocated the money under the head &#8220;capital support to oil marketing companies&#8221;. It offered no explanation why the blue chip, cash rich oil PSUs should need capital support.<\/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-551938","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\/551938","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=551938"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551938\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}