ONGCs subsidy burden has started to ease off now as a result of the constant hike in the diesel prices, and the fall in international crude prices. “Diesel subsidy may be nil soon, but overall subsidy may be Rs. 1 lakh crore”, says A.K. Banerjee, Director of Finance at ONGC.
What does this mean for the government's plans to divest stake in the PSU giant? Harsha Subramaniam discusses the road ahead with A.K. Banerjee.
This video is originally sourced from Bloomberg TV India, you can watch it here: http://www.btvin.com/videos/watch/845...
diesel cologne In Business: Gas Production To Remain Flat For FY15: ONGC | |
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