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The Union Cabinet has approved an allocation of ₹84,084 crore for the 'Samudra Manthan' scheme. It is aimed at boosting India's offshore exploration efforts.

<nh-chunk-delimit /> The funds will be used until the fiscal year 2030-31 and are divided into four main components. The largest chunk of this allocation, ₹43,200 crore, is dedicated to drilling 60 deepwater exploration wells.

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Union Cabinet approves ₹84,084cr 'Samudra Manthan' scheme: What is it? #DH_SHARE_URL# By NewsBytes via Dailyhunt

Union Cabinet approves ₹84,084cr 'Samudra Manthan' scheme: What is it?

https://www.newsbytesapp.com/news/business/cabinet-clears-84-084cr-allocation-for-national-offshore-exploration-scheme/story