Mentor’s comment- https://indianexpress.com/article/opinion/columns/petroleum-minister-climate-change-policy-dilemma-7433669/ In the intro, mention India’s cruise oil requirement figure. In the body, suggest policy measures such as scaling back on domestic exploration, increasing the productivity of producing fields, increasing strategic reserves, restructuring and reorganising the public sector petroleum companies. Conclude by mentioning the need for increasing the adoption of clean energy by reducing … Continue reading Q.3 India imports approximately 85 per cent of its crude oil requirements and is exposed to the volatility of the international oil market. In light of this, suggest the policy measures for harnessing India’s indigenous petroleum resources and mitigation of supply shocks. (10 Marks)