No bailout package for OMCs in sight as under-recoveries mount
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Summary
Union Petroleum Minister Hardeep Puri had mentioned that OMCs were staring at under-recoveries of about ₹2 lakh crore in the ongoing quarter.
Key Facts
Type Policy
Source The Hindu - Business
Published Monday, 11 May 2026
Affected Population ~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right