in5points
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Govt's LPG subsidy bill to see Rs 70,000 crore gap by FY27: Report

in5points

  1. India's LPG subsidy bill could cross Rs 1 lakh crore in FY27.

  2. This would create a Rs 70,000 crore gap over the budget.

  3. The subsidy loss is currently estimated at Rs 490 per cylinder.

  4. The total subsidy bill is set to exceed Rs 1 trillion.

  5. The projections come from a PL Capital report.

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