What's New :
IAS Mains 2024: Complete (GS & Optional) Syllabus Revision & Updation. Get Details
24th November 2021 (5 Topics)

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
X

Verifying, please be patient.

Enquire Now