‘No-go’ to ‘go-ahead’: PM Modi hails ‘Samudra Manthan' for deep-sea exploration
Prime Minister Narendra Modi announced the opening of nearly all of India's coastal waters for deep-sea exploration during his Independence Day speech. Previously classified as 'no-go areas,' these waters are now included in the 'Samudra Manthan' initiative aimed at discovering new mineral reserves. This move is crucial as India seeks to reduce its annual crude oil import bill of nearly $144 billion.