{"id":451971,"date":"2021-11-26T08:51:02","date_gmt":"2021-11-26T03:21:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451971"},"modified":"2021-11-26T09:29:37","modified_gmt":"2021-11-26T03:59:37","slug":"taking-away-oilfield-will-be-ongcs-systematic-weakening-ex-bureaucrat","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/taking-away-oilfield-will-be-ongcs-systematic-weakening-ex-bureaucrat\/","title":{"rendered":"Taking away oilfield will be ONGC&#8217;s &#8216;systematic weakening&#8217;: Ex-bureaucrat"},"content":{"rendered":"<p>The Oil Ministry&#8217;s proposal to strip ONGC of its main oil and gas producing fields of Mumbai High and Bassein in the western offshore is a &#8220;systematic weakening&#8221; of the state-owned firm, well-regarded former bureaucrat E A S Sarma has written to the Prime Minister. <\/p>\n<p>In the letter to Prime Minister Narendra Modi, the former secretary to the government of India, said instead of &#8220;weakening&#8221; ONGC, the government should adopt a conscious strategy to strengthen its ability and should be given sufficient functional autonomy instead of forcing it to buy debt-laden firms or pay high dividends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Oil Ministry&#8217;s proposal to strip ONGC of its main oil and gas producing fields of Mumbai High and Bassein in the western offshore is a &#8220;systematic weakening&#8221; of the state-owned firm, well-regarded former bureaucrat E A S Sarma has written to the Prime Minister. In the letter to Prime Minister Narendra Modi, the former secretary to the government of India, said instead of &#8220;weakening&#8221; ONGC, the government should adopt a conscious strategy to strengthen its ability and should be given sufficient functional autonomy instead of forcing it to buy debt-laden firms or pay high dividends.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-451971","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451971","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=451971"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451971\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}