this report says 2000 crores is the budgeted amount. for the forex outgo on oil imports that it is preventing , high value at low cost.
just like our previous convo on electronics manufacturing and this one, just keep this in mind that gormint is not subsidising on a whim. they are spending on areas where there is scope for reducing forex outflow.
India imports 150 billion $ of crude oil every year, and the demand keeps growing every year.
it's not a discussion point these days, but in modi first term forex outflow on electronics and crude oil used to be a major discussion point. largely because at that time forex reserves used to be around 300-350 billion $ range.