Cabinet approves revised domestic gas pricing guidelines to ensure stable price regime for domestic consumers

New Delhi: Union Cabinet yesterday approved revised domestic gas pricing guidelines. Briefing media in New Delhi last evening, Information and Broadcasting Minister Anurag Singh Thakur said, the price of natural gas is to be 10 per cent of the monthly average of Indian Crude Basket. He said that the move is to ensure stable pricing in regime and provide adequate protection to producers from adverse market fluctuation. The Minister also stated



that it will provide incentives for enhancing production.

The Cabinet also approved Indian Space Policy 2023. It will aim at enhancing the role of Department of Space as well as boosting activities of ISRO missions. Briefing media, Union Minister Dr Jitendra Singh said that the policy will give a larger participation of research, academia, startups and industry.