#GS_1
Distribution of Key Natural Resources
#GS_3
#Energy #Natural_Gas
✅ While the world average share of natural gas in the energy basket is 23%, it is only 6% for India.
✅ In India, 80% of natural gas produced by ONGC and Oil India Limited falls under Administered Price Mechanism (APM) which means the government controls its price.
✅ The article suggests that gas producers should be granted unfettered marketing and pricing freedom.
✅ Read about the Gas-based economy, its potential and challenges.
🔗➖ @prep4upsc
Distribution of Key Natural Resources
#GS_3
#Energy #Natural_Gas
✅ While the world average share of natural gas in the energy basket is 23%, it is only 6% for India.
✅ In India, 80% of natural gas produced by ONGC and Oil India Limited falls under Administered Price Mechanism (APM) which means the government controls its price.
✅ The article suggests that gas producers should be granted unfettered marketing and pricing freedom.
✅ Read about the Gas-based economy, its potential and challenges.
🔗➖ @prep4upsc
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