Floods to war: PSU oil firms shine in times of crisis
Synopsis 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
Synopsis 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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