In its bid to streamline India’s energy sector, government think tank Niti Aayog is considering incentives for global oil majors to set up manufacturing and research and development facilities in the country.
Niti Aayog began discussions with the petroleum and natural resources ministry on the implementation of a new blue print for the sector for the next three years to significantly enhance domestic production and exploration while simultaneously augmenting refining and distribution of oil and gas to reduce India’s dependence on imports. Read more
Credits:economictimes.indiatimes.com
Global oil companies may get sops to set up production units in India added by The Economic Times on
View all posts by The Economic Times →
Latest posts by The Economic Times (see all)
- Eastern Peripheral Expressway Is Almost Getting Ready - April 21, 2018
- Talk Of Oil At $100 Exaggeration As Of Now: A Prasanna, ICICI Securities - April 20, 2018
- RBI policy surprised more than minutes of MPC: Jahangir Aziz - April 20, 2018
