First Report of Standing Committee on Petroleum and Natural Gas
On 12th December 2024, the Standing Committee on Petroleum and Natural Gas submitted the First Report on Demands for Grants (2024-25) of the Ministry of Petroleum and Natural Gas in the Lok Sabha.
Key Observations & Recommendations
Need to Streamline Budget Making Process
- Observations: The Committee noted that the total allocation of the Ministry of Petroleum and Natural Gas in Budget Estimates (BE) 2024-25 is Rs. 15930.26 cr. as against Rs. 41007.72 cr.
- It noted that there have been wide variations in Budget Estimates (BE), Revised Estimates (RE) and Actual Expenditure of the last three financial years of the Ministry. ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
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 since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups