Cabinet approves ₹84,084 crore offshore scheme ‘Samudra Manthan’
The Union Cabinet approved ‘Samudra Manthan’, an offshore exploration scheme, with an outlay of ₹84,084 crore. Of this, ₹43,200 crore has been earmarked for drilling 60 deepwater exploration wells, marking a major push into India’s deep-sea exploration effort.
Nabka Insight
A large new offshore exploration outlay — schemes and economy crossover.
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- Scheme name: Samudra Manthan.
- Total outlay: ₹84,084 crore.
- ₹43,200 crore for drilling 60 deepwater exploration wells.
- Approved by the Union Cabinet.
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