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flag India's new Oilfield Amendment Bill 2024 seeks to boost oil production by easing foreign investment rules.

flag India's new Oilfield Amendment Bill 2024 aims to attract more investors to the oil and gas sector by easing regulations, allowing 100% foreign participation, and removing financial barriers like signature bonuses. flag It also introduces infrastructure sharing and a single permit system to streamline operations. flag The goal is to boost domestic production, reduce import dependence, and enhance energy security while promoting sustainable development.

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