Announcement
08 Aug 2025
In August 2025, India's Union Cabinet approved compensation of INR 30'000 crore for three Public Sector Oil Marketing Companies, namely Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited.
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1
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0 likely harmful
0 liberalising
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Implementation date
08 Aug 2025
Revocation date:
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Updated: 08 Aug 2025
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On 8 August 2025, India's Union Cabinet approved compensation amounting to INR 30'000 crore (approx. USD 3.43 billion) for three Public Sector Oil Marketing Companies (OMCs): Indian Oil Corporation Li...
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