GAIL
India Ltd''s share of the subsidy for the third quarter
of the current fiscal is Rs206 crore 44 per cent
lower than its share of Rs369 crore during the corresponding
period of the previous financial year.
The
cumulative subsidy share for GAIL for the nine months
of the current financial year is Rs526 crore against Rs864
crore during the corresponding period of the last financial
year.
This
follows the government''s notification of the sharing of
under-recoveries on sensitive petroleum products, by upstream
and downstream companies.
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