
Economy / Geography / Energy
The Union Cabinet approved Samudra Manthan โ National Offshore Exploration Scheme on 31 July 2026 as a Central Sector Scheme of the Ministry of Petroleum & Natural Gas, with an outlay of โน84,084 crore up to FY 2030โ31. It aims to accelerate offshore exploration and strengthen India โs energy security. Focuses on deepwater and ultra deepwater exploration and frontier basins.
