Govt creates National Data Repository | Daily Current Affairs 2021

Govt creates National Data Repository

Posted by
Subscribe for News Feed

Government of India has created a state of the art National Data Repository.

This data repository will act as a database of all the geo-scientific data of hydrocarbon resources in the country. National Data Repository is equipped with cutting edge technology and provides ready access to interested companies. The Government has also brought out various others policy reforms including such as Coal Bed Methane policy, incentivize Enhanced Recovery for augmenting production of oil and gas from matured fields, exploration and exploitation of unconventional hydrocarbon from all fields.

India accords high priority to promoting a gas based and clean economy. Currently natural gas forms a relatively small share of our energy mix. Gas infrastructure projects of over 8 billion US dollars are under implementation across the country. We aim to increase share of natural gas in energy mix from current 6.5% to 15% by 2022. Going forward, we intend to create a robust natural gas trading hub. The process to formalise the concept has already been initiated by our Government.

Subscribe for News Feed