Question raised in Rajya Sabha on Subsidies on petroleum products, 03/07/2019

Question raised in Rajya Sabha on Subsidies on petroleum products, 03/07/2019. Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with international product prices and other market conditions. The Government continues to modulate the effective price to consumer for Subsidized Domestic LPG and retail selling price of PDS Kerosene. The details of subsidies reimbursed by the Government on PDS Kerosene and Domestic LPG during 2017-18, 2018-19 and current year are given.

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