Global Trade Alert
Global Trade Alert

India: Financial grant to three oil marketing companies

Announcement

12 Oct 2022

The Indian Union Cabinet of Ministers has approved a financial grant in favour of 3 oil marketing companies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Oct 2022

Revocation date:

No revocation date

Updated: 12 Oct 2022
Financial grant In force
On 12 October 2022, the Indian Union Cabinet approved an INR 22'000 crore (approx. USD 2.68 billion) financial grant for 3 government-owned oil marketing companies. The companies are Indian Oil Corpor...
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