šŸ’Ø Abstract

The Lok Sabha passed the Oilfields (Regulation and Development) Amendment Bill 2024 on Wednesday, aiming to amend the Oilfields (Regulation and Development) Act, 1948, regulating natural gas and petroleum exploration and extraction. The amendments are intended to strengthen India's energy sector, ensure policy stability, promote Ease of Doing Business, and align with international practices.

Courtesy: theprint.in

Summarized by Einstein Beta šŸ¤–

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