Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’
The Union Cabinet approved ₹84,084 crore for the offshore exploration scheme 'Samudra Manthan'. Of this, ₹43,200 crore has been allocated for drilling 60 deepwater exploration wells. The scheme is aimed at boosting India's offshore oil and gas exploration and reducing import dependence.
Nabka Insight
A major Cabinet-approved offshore exploration scheme is examinable under energy security and economy.
Powered by AIKey facts
- Union Cabinet approved ₹84,084 crore for offshore exploration scheme 'Samudra Manthan'
- ₹43,200 crore earmarked for drilling 60 deepwater exploration wells
Relevant forBanking · Railways · SSC · State PSC · UPSC