Two years back, the people of India gave an unambiguous, resounding mandate to the National Democratic Alliance (NDA) under the visionary leadership of Shri Narendra Modi to bring about a radical change in the nation’s governance. Hon'ble Prime Minister in his first speech in Parliament clearly said "our Government is dedicated to the welfare of the poor; whatever we do, will be for the welfare of the poor". In other words the mandate was given for Pro-poor government. The Government as envisioned by Hon'ble Prime Minister has always worked with the dictum of 'Sabka Saath Sabka Vikas' and brought major reforms based on the principle of 'Minimum Government & Maximum Governance' .
At Ministry of Petroleum & Natural Gas, we have set out our goal to light up the lives of millions of our fellow countrymen, and especially of those who are the poorest among the poor, by providing clean and reliable energy at an affordable cost. Today, I can state with pride and satisfaction that, propelled by the policies of the NDA government, the past two years have turned out to be a watershed moment in our country’s economic growth.
The last two years have seen a renewed thrust to put the LPG segment on a fast-track. PAHAL is an important initiative implemented nationwide, which has been acknowledged by the Guinness Book of World Records as the World's largest cash benefit transfer scheme. The GiveItUp campaign for voluntarily giving up LPG subsidy has become a huge success with more than 1 crore people signing up till now. In a historic move, the government has decided to provide free LPG connections to 5 crore women from BPL households. This scheme – Pradhan Mantri Ujjwala Yojana was rolled out by Hon’ble Prime Minister on May 1st, 2016, and will certainly go a long way in emancipating our mothers and sisters from the drudgery of unhealthy smoke-filled kitchens.
The Ministry of Petroleum & Natural Gas has pursued multiple initiatives to fulfill the ever increasing energy demand. Robust policy measures have been adopted to give our Oil Exploration & Production sector a major push. Simultaneously, diplomatic engagements with Oil producing countries have been accelerated with an objective of securing Oil equity abroad.
Our mandate is to reduce import dependence by 10 percent by 2022, the year when our nation completes 75 years of independence. In order to achieve that, we are revisiting our sedimentary basins to scout not only for Oil and Gas but also for unconventional energy resources like Shale Oil/Gas and Gas Hydrates. The Hydrocarbon Exploration Licensing Policy (HELP) has been formulated to streamline the processes and attract investment in our upstream sector. We are looking at increasing the usage of Bio-fuels and Natural Gas in our energy basket.
Hon'ble Prime Minister's vision of the development of Eastern India has also been our vital objective. In liaison with what he once rightly said,- ' India's progress is incomplete without the development of Eastern India', the Government is doing everything possible for a holistic development of the Eastern States. We have also given special thrust on integrating North East with Hydrocarbon landscape of the country, through North East Hydrocarbon Vision Document 2030.
Over the past two years, we have consciously attempted to transform the Ministry of Petroleum & Natural Gas into an efficient and transparent economic ministry centred on people’s welfare. I remain optimistic that with the support and co-operation of all stakeholders in the coming years, we will continue to make rapid strides towards a cleaner, greener, and energy efficient India.
With my very best wishes,
Renegotiation of Gas Price and its Consequential Benefits to the Gas Consumers
*MM TPA - Million Metric Ton Per Annum
Expansion of City Gas Distribution (CGD) network and Pipe Natural Gas (PNG) supplies
1. Complete Re-engineering of the E&P sector guided by following principles-
2. The Ministry formulated path breaking policies to revolutionize the E&P sector-
Mega Refinery in West Coast