{"id":297741,"date":"2019-10-24T11:26:15","date_gmt":"2019-10-24T05:56:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297741"},"modified":"2019-10-24T11:26:15","modified_gmt":"2019-10-24T05:56:15","slug":"union-cabinet-allows-all-companies-to-enter-fuel-retail-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/union-cabinet-allows-all-companies-to-enter-fuel-retail-business\/","title":{"rendered":"Union cabinet allows all companies to enter fuel retail business"},"content":{"rendered":"<p>NEW DELHI : The government on Wednesday opened up fuel retailing norms, allowing non-oil companies to set up petrol pumps to increase competition.<\/p>\n<p>Briefing reporters about the decisions taken by the Cabinet, I&amp;B Minister Prakash Javadekar said the opening up the fuel retailing will increase investment and competition.<\/p>\n<p>At present, to obtain a fuel retailing licence in India, a company needs to invest \u20b92,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas (LNG) terminals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The government on Wednesday opened up fuel retailing norms, allowing non-oil companies to set up petrol pumps to increase competition. Briefing reporters about the decisions taken by the Cabinet, I&amp;B Minister Prakash Javadekar said the opening up the fuel retailing will increase investment and competition. At present, to obtain a fuel retailing licence in India, a company needs to invest \u20b92,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas (LNG) terminals.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-297741","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297741"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297741\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}