Global Trade Alert
Global Trade Alert

India: Compensation for Public Sector Oil Marketing Companies

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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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Aug 2025

Revocation date:

No revocation date

Announced: 08 Aug 2025
Financial grant In force
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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