Gupta, Sumeet; Sharma, Rakesh Kumar - In: Journal of Global Economy 8 (2012) 3, pp. 233-260
Oil & gas industry in India saw the light of the day when oil was struck at Makum near Marherita in Assam in the year 1967. Prior to independence the Oil & Gas industry in India had controlled by international companies. The entire domestic oil production was from one state – Assam which stood...