ONGC (OIL AND NATURAL GAS COMMISION), the apex GOVERNMENT institution for oil and gas exploration in India, is reported to have acquired interests in oil fields of kazakisthan.
Why ONGC is running away from India, neglecting its primary duty of exploration and development of indigenous oil resources?
The Government of India, the various State Governments, ONGC, who ever they may be, are responsible for the fiasco, have allowed the RELIANCE BULL to graze into Indian OIl and Natural Gas fields.
RELIANCE seems to be deliberately curtailing the production of oil and gas from the KG Basin (krishna - gOdAvari basin). One gets an impression that they have a strong urge to blackmail the Governments, both Central and State, to enforce a price rise and exercise near monopoly rights on production.
Late Jawaharlal Nehru had rigtly foreseen this type of private sector mess-up in key industries. His idea of public sector reaching the commanding heights and in heavy industries like aeronautics, civil aviation, oil exploration and steel was based on this distrust of private sector.
We can now see how Nehru's vision has been and is being blinded out and blurred by his own party and by the rulers of his own dynasty.
Indian scripture bhagavadgita laid great emphasis on doing one's own duty, rather than doing somebody else's duty.
03 / 35
s`rEyAn svadharmO vigun`a: paradharmAt svanusht`hitAt
svadharmE nidhanam s`rEya: paradharmO bhayAvaha:.
one's own duty, even if imperfectly performed, is better than the well-done duties of others. Death while doing one's own duty, is better than the duties of others which cause anxieties.
Will ONGC realise this? It can leave the oil imports and trading to Indian Oil Companies like IOC, Bharat Petroleum and Hindusthan Petroleum.
ONGC, if it still has any unstoppable urge to diversify, should concentrate on R&D and production of solar energy on Indian soils.
Why ONGC is running away from India, neglecting its primary duty of exploration and development of indigenous oil resources?
The Government of India, the various State Governments, ONGC, who ever they may be, are responsible for the fiasco, have allowed the RELIANCE BULL to graze into Indian OIl and Natural Gas fields.
RELIANCE seems to be deliberately curtailing the production of oil and gas from the KG Basin (krishna - gOdAvari basin). One gets an impression that they have a strong urge to blackmail the Governments, both Central and State, to enforce a price rise and exercise near monopoly rights on production.
Late Jawaharlal Nehru had rigtly foreseen this type of private sector mess-up in key industries. His idea of public sector reaching the commanding heights and in heavy industries like aeronautics, civil aviation, oil exploration and steel was based on this distrust of private sector.
We can now see how Nehru's vision has been and is being blinded out and blurred by his own party and by the rulers of his own dynasty.
Indian scripture bhagavadgita laid great emphasis on doing one's own duty, rather than doing somebody else's duty.
03 / 35
s`rEyAn svadharmO vigun`a: paradharmAt svanusht`hitAt
svadharmE nidhanam s`rEya: paradharmO bhayAvaha:.
one's own duty, even if imperfectly performed, is better than the well-done duties of others. Death while doing one's own duty, is better than the duties of others which cause anxieties.
Will ONGC realise this? It can leave the oil imports and trading to Indian Oil Companies like IOC, Bharat Petroleum and Hindusthan Petroleum.
ONGC, if it still has any unstoppable urge to diversify, should concentrate on R&D and production of solar energy on Indian soils.
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