For energy security, way forward is not public or private, but both
The debate surrounding the privatization of India's Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) has reignited discussions about energy security. Vikram S. Mehta's article in the Economic Times argues for the continued state ownership of these entities, along with the expansion of strategic petroleum reserves (SPR), as crucial components of India's energy strategy.
The author contends that the government's ownership of these Maharatnas plays a vital role in maintaining energy security, rather than being a potential liability.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
