Wednesday, 30 September 2026Updated 8m ago
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Policy▲ Bullish for Indian equities

Govt floats draft Petroleum Amendment Bill to decriminalise minor offences

1 source · first seen 13:46 30 Sept · updated 13:46 30 Sept

The brief

Written from 1 report · check the source before you trade
  • Draft bill would replace criminal liability for minor licence breaches with civil penalties
  • The proposal creates specific offences for…
  • Lower compliance risk may benefit Indian oil and gas companies, including refiners

Read the reports

1 report · earliest 13:46
Business StandardGovt floats draft Petroleum Amendment Bill to decriminalise minor offences13:46