2.2.iii: Legislation and Policy

Enact the proposed Petroleum and Natural Gas Regulatory Board Bill (‘Regulatory Bill’) and draft Natural Gas Pipeline Policy (‘Pipeline Policy’).

Other Information:

In the Petroleum and Natural Gas sector an early enactment of the proposed Petroleum and Natural Gas Regulatory Board Bill (‘Regulatory Bill’) and draft Natural Gas Pipeline Policy (‘Pipeline Policy’) is recommended. The sector also needs greater transparency and market driven pricing in petroleum products and natural gas and upgrade of retail marketing practices. Action: GoI.

Stakeholder(s):

• Government of India

Indicator(s):

Indicator:1

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