(a) whether Indian Oil Corporation Limited gives donation and advertisements for sports and cultural activities ; and
(b) if so, the expenditure incurred by IOCL during 1999-2000 and 2000-2001?
(a) whether Indian Oil Corporation Limited gives donation and advertisements for sports and cultural activities ; and
(b) if so, the expenditure incurred by IOCL during 1999-2000 and 2000-2001?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI SANTOSH KUMAR GANGWAR)
(a) Yes, Sir. The Indian Oil Corporation Limited (IOC) advertises its products and brands by way of sponsoring or co-sponsoring sports and cultural activities.
(b) The expenditure incurred by the IOC on this account during 1999-2000 and 2000-2001 is given below:
Year Expenditure(Rs.)
1999-2000 3,46,72,000.00 2000-2001 2,87,13,500.00