Under-recoveries from kerosene, LPG sale dip

New Delhi, Feb 1 (IANS) Under-recoveries from kerosene sold through the public distribution system (PDS) would be Rs.5.11 per litre for February as against Rs.9.16 in January following decline in international prices of crude oil and petroleum products, an official release said on Monday.

The downward revision was made after the petroleum ministry’s petroleum planning and analysis cell reviewed the prices for last month, a ministry statement said.
“Cash transfer to customers under the direct benefit transfer scheme for domestic gas cylinder (LPG) will be Rs.155.78, out of which Rs.108.12 will be cash compensation by the government and Rs.47.66 by oil marketing companies under un-compensated costs,” the statement added.