August 2, 2026 11:43 AM
Cabinet approves Rs 84,084 crore ‘Samudra Manthan’ scheme to boost offshore oil and gas exploration
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the 'Samudra Manthan' National Offshore Exploration Scheme, a central sector initiative of the Ministry of Petroleum and Natural Gas, with an outlay of Rs 84,084 crore to be implemented through FY2030-31. In a post on X, PM Modi said, "The Cabinet’s approval of ‘Samudra Manthan’ marks a transformative leap towards strengthening India’s energy security and unlocking our vast offshore potential. By combining in...