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Cabinet Clears ₹84,084 Cr Offshore Oil, Gas Scheme

The Union Cabinet has approved "Samudra Manthan," a ₹84,084 crore offshore exploration scheme till 2030-31. It aims to boost energy security, raise domestic oil and gas output, and add over 600 MMTOE reserves. The plan includes advanced drilling, seismic data, infrastructure development, job creation, and promoting indigenous manufacturing and technology.