PSU OMCs' subsidy burden may fall to Rs 28K-34K cr by FY16: ICRA
The subsidy burden on the public sector upstream firms is likely to drop to Rs 28,000-34,000 crore by FY16, with the gross under recoveries (GURs) expected to decline to Rs 56,000 crore then, rating agency ICRA Research said in a report.
Dec 18, 2014, 21:48 PM IST