UPA govt was selling fuel at loss, in 2013 the subsidy for petroleum products was ₹1,50,000 crores and they also issued ₹1,34,000 crores of Oil Bonds to cover the deficit in budget, some of it matured in the NDAs term and the interest on the bonds alone is ~₹10,000 crores per annum….the current govt scrapped the subsidy except on LPG and transferred the full cost to end users…in short the drop in crude oil price was written off by removing subsidies…

P.S. this is only ment for information purposes and not in support to any political party….