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Oil, toil and turmoil

India's geological potential remains largely unexplored because of policy hostility and high-handed taxation rather than the lack of expertise

Topics
oil | BS Opinion | fuel imports

Ranjan Mathai 

Ranjan Mathai

The turmoil of war has jerked the entire world back into arranging for energy today, not in a distant emission-free future. India has successfully deflected hypocritical lectures from the West about buying discounted from Russia; but the ongoing war of words between the Centre and some state governments over the crushing burden of taxes on petroleum products leaves Indian consumers as helpless as ever.

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First Published: Mon, May 09 2022. 22:46 IST
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