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Tag: subsidies
Opaque subsidies
The government needs to be more transparent about its relationship with the state-controlled oil companies. Of the three public-sector oil-marketing companies (OMCs), it did exit Hindustan Petroleum Corporation Ltd (HPCL), though in fact it still retains control through HPCL’s part ownership by Oil and Natural Gas Corporation. It has also in the past claimed… Continue reading Opaque subsidies