BPCL privatisation might result in review of govt-oil cos linkages

New Delhi: India Ratings and Research (Ind-Ra) believes a potential sale of the entire government of India stake of 53.3 per cent in BPCL could result in a reassessment of linkages between the government and OMCs New Delhi: The potential sale of entire government stake in BPCL could result in a reassessment of linkages between the government and oil marketing companies, Fitch group firm India Ratings and Research said on Tuesday.

Traditionally, OMCs have been used by the government to push its inclusive agenda, the latest being the dole out of free cooking gas (LPG) cylinders to poor women households.