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India seeks parliament nod to spend extra $4.54 bln on oil subsidies

Source : REUTERS
Last Updated: Fri, Mar 08, 2013 06:55 hrs
Farm loan waiver issue hits Parl

The Indian government has sought parliament's approval to spend an additional 247.74 billion rupees ($4.54 billion) on oil subsidies in the current fiscal year that ends in March.

New Delhi expects the total spending on oil subsidies for the year to be 968.8 billion rupees.

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