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Strategic Petroleum Reserves: Commercial-Cum Strategic Facility
What are Strategic Petroleum reserves? Discuss why such reserves are important for India. (150 Words)
Approach:
- Introduce by highlighting the fact that our economy is very much dependent on imported petroleum and therefore energy security is a challenge for India
- Explain what are Strategic Petroleum reserves
- Discuss in detail the significance of the reserves
- Enumerate some recent advances made in this direction
- Conclusion
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