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The Economic Times

Economy / The Economic Times

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India has no plans for financial support for fuel retailers, official says

India will not compensate state-run fuel retailers for losses incurred by selling transport fuels below market prices. While companies have increased prices for industrial customers and jet fuel for foreign carriers, retail prices for gasoline, gasoil, LPG, and jet fuel for Indian carriers remain unchanged. The government prioritizes protecting retail consumers.

4 May 2026 4:30 pm