ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Devaluation by Default

December 16, 1072 The off-shore exploration programme should have been given very high priority, but the long squabble over policy issues has resulted in a delay of nearly six years in launching drilling in the Bombay High after the structure was discovered. Drilling is now expected to begin early next year. In the meanwhile, the Oil and Natural Gas Commission continues to be dogged by bureaucratic indifference and lack of leadership, Devaluation finance and equipment.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top