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analysisIBEFMonday, 3 August 2026NEW

Cabinet approves 'Samudra Manthan' (National Offshore Exploration Scheme) with an outlay of US$ 8.81 billion

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Union Cabinet has approved the Samudra Manthan, National Offshore Exploration Scheme with an outlay of US$ 8.81 billion to accelerate offshore exploration, strengthen energy security and promote domestic oil and gas production.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 3 August 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of Electronics & ITTRAICERT-In
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesInternet UsersTech CompaniesStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
2 changes recorded for this policy.
DescriptionMonday, 3 August 2026via the_hindu_business
The Union Cabinet has approved the Samudra Manthan, National Offshore Exploration Scheme with an outlay of US$ 8.81 billion to accelerate offshore exploration, strengthen energy security and promote domestic oil and gas production.
The Cabinet has allocated ₹43,200 crore for drilling 60 deepwater exploration wells
DescriptionTuesday, 4 August 2026via the_hindu_business
The Union Cabinet has approved the Samudra Manthan, National Offshore Exploration Scheme with an outlay of US$ 8.81 billion to accelerate offshore exploration, strengthen energy security and promote domestic oil and gas production.
The Cabinet has allocated ₹43,200 crore for drilling 60 deepwater exploration wells
Explore Sectors
Social Protection1061 tracked→Digital & Technology1199 tracked→Energy368 tracked→
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