The gas paradox: Govt encouraging huge investment to push demand

But imposing policies that deter domestic exploration and production

S Dinakar
Last Updated at January 23, 2023 16:02 IST

New Delhi has advocated policies that have stifled the development of domestic oil and gas, prompting foreign explorers to shun Indian acreage and resulting in lower domestic oil and gas production.

Suppose you stake your life’s savings on a house. Would you, say, reduce your working hours and slash your income? That’s exactly what the Indian government appears to be doing when it comes to securing the country’s energy future.

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