{"id":9785,"date":"2016-03-12T06:24:59","date_gmt":"2016-03-12T06:24:59","guid":{"rendered":"https:\/\/www.edristi.in\/?p=9785"},"modified":"2016-03-12T06:26:11","modified_gmt":"2016-03-12T06:26:11","slug":"hydrocarbon-exploration-licensing-policy-help","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/hydrocarbon-exploration-licensing-policy-help\/","title":{"rendered":"Hydrocarbon Exploration and Licensing Policy (HELP)"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: When did the Union Cabinet has approved the Hydrocarbon Exploration and Licensing Policy (HELP)?<\/strong><br \/>\n(a) 8 March 2016<br \/>\n(b) 9 March 2016<br \/>\n(c) 10 March 2016<br \/>\n(d) 5 march 2016<br \/>\n<strong>Ans (c)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On 10 March 2016 Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approvedthe\u00a0Hydrocarbon Exploration and Licensing Policy (HELP).<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><strong>Following are the main points of this policy:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Uniform license for exploration and production of all forms of hydrocarbon,<\/li>\n<li>An open acreage policy,<\/li>\n<li>Easy to administer revenue sharing model and<\/li>\n<li>Marketing and pricing freedom for the crude oil and natural gas produced.<\/li>\n<li>The above decision willenhance domestic oil &amp; gas production, bring\u00a0substantial investment\u00a0in the sector and\u00a0generate sizable employment.<\/li>\n<li>The policy is also aimed atenhancing transparency\u00a0and\u00a0reducing administrative discretion.<\/li>\n<li>The uniform license\u00a0will enable the contractor to explore conventional as well as unconventional oil and gas resources including CBM, shale gas\/oil, tight gas and gas hydrates under a single license.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/pib.nic.in\/newsite\/PrintRelease.aspx?relid=137638\">http:\/\/pib.nic.in\/newsite\/PrintRelease.aspx?relid=137638<\/a><br \/>\n<a href=\"http:\/\/pib.nic.in\/newsite\/hindirelease.aspx?relid=46535\">http:\/\/pib.nic.in\/newsite\/hindirelease.aspx?relid=46535<\/a><br \/>\n<a href=\"http:\/\/www.moneycontrol.com\/news\/business\/govt-clears-new-hydrocarbon-explorationlicensing-policy_5835341.html\">http:\/\/www.moneycontrol.com\/news\/business\/govt-clears-new-hydrocarbon-explorationlicensing-policy_5835341.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: When did the Union Cabinet has approved the Hydrocarbon Exploration and Licensing Policy (HELP)? (a) 8 March 2016 (b) 9 March 2016 (c) 10 March 2016 (d) 5 march 2016 Ans (c) Related facts: On 10 March 2016 Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approvedthe\u00a0Hydrocarbon Exploration and Licensing Policy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1137],"tags":[],"class_list":["post-9785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mis"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/9785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=9785"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/9785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/9773"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=9785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=9785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=9785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}