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Government seeks parliament nod to spend extra $4.54 billion on oil subsidies

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Reuters NEW DELHI

NEW DELHI (Reuters) - The government has sought parliament's approval to spend an additional 247.74 billion rupees on oil subsidies in the current fiscal year that ends in March.

New Delhi expects the total spending on oil subsidies for the year to be 968.8 billion rupees. (Reporting by Nigam Prusty; Editing by Gopakumar Warrier)

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First Published: Mar 08 2013 | 12:25 PM IST

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