About Oil and Gas
7.4 It has also been decided that ONGC, IOC and GAIL would be the flagship companies of the Government and the Government would continue to hold minimum of 51% equity in these companies. This has been done, keeping in view the importance of maintaining continuous and uninterrupted supplies of petroleum products to the strategic sectors like defence – more... forces and to the inaccessible and the far-flung areas. 7.5 The dividend paid by the oil sector PSUs to the Government for the year 1999-2000 was Rs.1883.39 crore as against the dividend of Rs.1736.25 crore during the previous year. – less – More from ZoomInfo »
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