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Ministry of Petroleum and Natural Gas
Ministry of Petroleum & Natural Gas deals with exploration and production of oil and gas, (including import of Liqufied Natural Gas), refining, distribution & marketing, import, export and conservation of petroleum products. The institutional infrastructure of the Ministry includes Petroleum & Natural Gas Regulatory Board, Oil Industry Development Board, Petroleum Conservation Research Association, Petroleum Planning & Analysis Cell, Oil Industry Safety Directorate, Centre for High Technology and Directorate General of Hydroacabons.
The public sector companies under the administrative control of the Ministry include Fortnue-500 cmpanies such as Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Hindustan Petroelum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) and other major companies such as GAIL (India) Limited, Oil India Limited (OIL) and Engineers India Limited (EIL). To achieve the goal of Energy Security, there is a massive programme of exploration, not only in India through the New Exploration Licensing Policy,
but also aborad through various public sector companies, in particular ONGC-Videsh Limited, Oil India Limited, Indian Oil Corporation Limited and
Bharat Petro Resources Limited. The specific interest being pursued abroad are equity participation in developed oil and gas fields, exploration and production contracts in new fields of oil & natural gas, participation in mid-stream and down-stream projects and participation in transnational oil
and gas pipelines projects, export of refined petroleum products from India.
Federation of Indian Chambers of Commerce & Industry (FICCI)
Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for
independence and its subsequent emergence as one of the most rapidly growing economies globally. FICCI plays a leading role in policy debates
that are at the forefront of social, economic and political change. Through its 400 professionals, FICCI is active in 53 sectors of the economy. FICCI's
stand on policy issues is sought out by think tanks, governments and academia. Its publications are widely read for their in-depth research and
policy prescriptions. FICCI has joint business councils with 75 countries around the world.
A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. FICCI has direct membership from the private as
well as public sectors, including SMEs and MNCs, and an indirect membership of over 3,00,000 companies from regional chambers of commerce.
FICCI works closely with the government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialised services and global linkages. It also provides a platform for sector specific consensus building and networking. Partnerships with countries across the world carry forward our initiatives in inclusive development, which encompass health, education, livelihood, governance, skill development, etc. FICCI serves as the first port of call for Indian industry and the international business community.
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