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.
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Economy Watch
- 1 Dinesh Khara Committee
- 2 Bond Central
- 3 Grameen Credit Score: A New Chapter in Rural Finance
- 4 Expansion of e-NAM Platform
- 5 RBI Survey on Farmer’s Share of Consumer Prices
- 6 New Maritime Initiatives to Enhance India’s Global Trade
- 7 Tobin Tax
- 8 SEBI Proposes Fast-Track Follow-On Offers for REITs & InvITs
- 9 Sustainability and Circularity in Dairy Sector
- 10 Revised Guidelines for Market Intervention Scheme
