ru24.pro
News in English
Декабрь
2024
1 2 3 4 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Rajya Sabha passes bill to amend oilfields Act

0
The Rajya Sabha passes a bill amending the Oilfields Act of 1948, offering policy stability, international arbitration, and extended leases to oil and gas explorers. This aims to attract foreign investors by assuring consistent lease terms and allowing the government to frame investor-friendly contracts. Amendments also include efficient dispute resolution mechanisms.