Union Budget 26: ₹30,000 cr for LPG subsidies, strategic reserves & PSU expansion

India’s petroleum and natural gas sector in 2026–27 reflects a complex balancing act between consumer welfare, energy security, exploration ambition and gradual diversification toward cleaner fuels. The Union Budget documents show that while India is accelerating its renewable energy push, hydrocarbons remain deeply embedded in the country’s economic and social framework. The allocations for the …

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