Gas-based Economy
Recently, according to the Ministry of Petroleum and Natural Gas, India has achieved milestone of 101 Million Cubic Meters per day of gas production.
- It is a significant step towards becoming a gas-based economy.
Government Steps towards Gas-based Economy
Revised Domestic Gas Pricing Guidelines
- In April, 2023, the Centre approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC/OIL, New Exploration Licensing Policy (NELP) blocks and pre-NELP blocks.
- The price of such natural gas shall be 10% of the monthly average of Indian Crude Basket and shall be notified on a monthly basis.
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Bharat Cleantech Manufacturing Platform
- 2 Five New Industrial Clusters from India join WEF Initiative
- 3 Logistics Ease Across Different States (LEADS) 2024 Report
- 4 Team Initiative:Boosting Digital Commerce for MSMEs
- 5 Diamond Imprest Authorization Scheme
- 6 National Critical Minerals Mission
- 7 Mutual Credit Guarantee Scheme for MSMEs
- 8 National Manufacturing Mission
- 9 Financialisation of the Economy
- 10 Undercapitalization of Indian Debt Market
- 1 Open Market Sale Scheme
- 2 Government imposes Ceiling on Wheat Stocks
- 3 Multi-cap Mutual Fund
- 4 Public Issue of Shares
- 5 Credit Information Companies (Regulation) Act, 2005
- 6 First Loss Default Guarantee
- 7 Compromise Settlement
- 8 Trade Receivables Discounting System
- 9 Sovereign Gold Bond Scheme 2023-24 (Series I)
- 10 SAGAR SAMRIDDHI
- 11 India: 2nd Largest Producer of Crude Steel in the World
