Cabinet okays ₹84,000 crore for Samudra Manthan, extends PM-Kisan
The Union Cabinet approved an ₹84,008-crore programme, Samudra Manthan, to accelerate deep-sea oil and gas exploration. Cleared alongside the PM-Kisan extension, the initiative aims to strengthen India's energy security while boosting rural incomes and agricultural investment. The push for deep-water hydrocarbon exploration seeks to raise domestic production of oil and natural gas and reduce import dependence.
Nabka Insight
A large new energy-security programme with a specific outlay is examinable by name and figure.
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- Outlay: ₹84,008 crore.
- Purpose: accelerate deep-sea oil and gas exploration.
- Cleared by the Union Cabinet alongside the PM-Kisan extension.
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