Modi Approves ₹84,084 Crore 'Samudra Manthan' to Boost Offshore Exploration and Energy Security
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved 'Samudra Manthan' with an outlay of Rs 84,084 crore for implementation up to FY 2030-31. The scheme aims to boost India's offshore exploration and energy security, targeting over 600 MMTOE reserves and increasing domestic oil and gas production. It also seeks to generate employment, promote indigenous manufacturing, and foster technological leadership in the sector.
31 JUL 2026
· THIS STORY — NDTV
Modi Approves ₹84,084 Crore 'Samudra Manthan' to Boost Offshore Exploration and Energy Security
— Indian Express
The Union Cabinet approved a Rs 84,084-crore scheme, 'Samudra Manthan,' to boost offshore oil and gas exploration in India.
“The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved 'Samudra Manthan' - the National Offshore Exploration Scheme -- with an approved outlay of Rs 84,084 crore for implementation up to FY 2030-31, as the world grapples with energy shocks due to geopolitical tensions.”— verbatim excerpt from NDTV
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