‘No proposal before the govt’: Centre rules out relief for state oil firms
State-run fuel retailers will not receive government financial backing for losses arising from the sale of petrol, diesel and aviation turbine fuel (ATF) below cost, with the Centre confirming that no such proposal is under consideration.The three public sector oil marketing companies: Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation…
