How Oilfields Amendment Bill aims to delink petroleum, mineral oil production from mining activities
Why in the News? The Rajya Sabha passed the Oilfields (Regulation and Development) Amendment Bill, 2024, aimed at boosting domestic petroleum and mineral oil production while encouraging private investment to reduce reliance on imports. What is the Oilfields Bill? The Oilfields Bill amends the Oilfields (Regulation and Development) Act of 1948, which originally governed both… Continue reading How Oilfields Amendment Bill aims to delink petroleum, mineral oil production from mining activities