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    30,000cr LPG loss payout to OMCs in 12 tranches Ujjwala Cylinder cap cut to 9 Cabinet Decisions ☶ Government Finance Inflation and deflation Macroeconomic Theory
    authored by torrobot avatar torrobot 13 days ago |
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A bullet payment of ₹30,000cr to IOC, BPCL and HPCL would have probably increased the fiscal deficit by 8 basis points, against which staggered payments over FY26 and FY27 are expected to soften the fiscal impact. The government has pencilled 4.4% of the GDP as the fiscal deficit target for this financial year.

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