Subsidy

GAIL's subsidiary BCPL seeks over Rs 12,000 crore subsidy

GAIL-promoted BCPL, which is setting up a petrochemical project 'Assam Gas Cracker Project', has sought subsidy of more than Rs 12,000 crore on account of feedstock and revenue for a period of more than 10 years after it starts operating.

Aug 24, 2014, 15:33 PM IST

Arun Jaitley for rationalising subsidies

Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.

Aug 16, 2014, 16:15 PM IST