The Hindu·3 min read·hard
What is the Samudra Manthan scheme all about? | Explained
S
Saptaparno Ghosh
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The Union Cabinet has approved an ₹84,084 crore outlay for the 'Samudra Manthan' scheme to boost deepwater and ultra-deepwater hydrocarbon exploration. The initiative aims to de-risk private investment and reduce reliance on aging oil fields.
The Union Cabinet on Friday (July 31, 2026) approved an outlay of ₹84,084 crore for the Oil Ministry’s National Offshore Exploration Scheme.
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