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 Scheme for Strengthening Medical Device Industry
- 2 Regulatory Framework for Restricted Return InvITs
- 3 World’s First Co2 to Methanol Plant
- 4 Peak Oil
- 5 India’s Renewable Energy Sector Achieves Significant Growth
- 6 4th Phase of Consolidation of RRBs
- 7 RBI’s Framework for Reclassification of FPI to FDI
- 8 RBI’s 2024 List of Domestic Systemically Important Banks
- 9 Windfall Gain Tax
- 10 National Mission on Natural Farming
- 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
