As states account for approximately two-thirds of public spending and one-third of total revenue, their fiscal performance is crucial for the country’s overall economic stability ...

The prices of LPG Cylinder is fixed by the state-run oil marketing companies. The prices are arrived at after taking into consideration the global crude prices and currency exchange rates.

The oil marketing companies in India took a cue decided to introduce colour coding to differentiate between domestic and non-domestic LPG cylinders in India, way back in 2007. This was mainly done ...

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