From Floods To War State Run Oil Firms Prove Indispensable Despite Repeated Privatisation Bids
Economic Times
India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts.
India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts.
Despite past privatization attempts, these public sector firms consistently ensure fuel availability, absorb price shocks, and maintain supplies nationwide. Their strategic role in energy security, especially given India's import dependence, highlights their critical importance beyond mere commercial operations.
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