Report on “Reducing oil import dependency”

REPORT ON “REDUCING OIL IMPORT DEPENDENCY”   For: Mains Topic covers: Key highlights of report, Significance, need of the hour and way ahead   News Flash A high-level committee submitted its report to the Oil Ministry on a strategy to reduce India’s oil import dependence.   Why was High Level committee constituted? The committee was formed to discuss research-related synergies and tax issues for state-run oil companies. The committee also explored the possibility of forming…

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