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The Union Cupboard on Wednesday in a big transfer authorised the deregulation of the sale of domestically produced crude oil in a bid to spice up authorities’s revenues, stated Union Minister Anurag Thakur.
The transfer is geared toward making certain advertising and marketing freedom for all Exploration and Manufacturing (E&P) firms as they’ll now be free to promote oil from their fields in home market.
Nonetheless, the businesses will be unable to export the domestically produced oil to different nations.
In one other growth, the Cupboard approves Rs 2,516 crore for computerisation of 63,000 Major Agricultural Credit score Societies, Thakur stated.
(That is BREAKING NEWS… Extra particulars to observe)
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