Crude Oil and Petroleum Market in India - Audio Lecture Part 5

In this fifth audio lecture of Indian Economics details have told about the crude oil and petroleum market of Indian Economy. As the name suggests the statistics of the Crude Oil and Petroleum markets of India are particularly important from the view point of the questions of General Studies from the topic of economy of India. As we all are aware that the biggest and the most prominent factor that is responsible for the burgeoning Current Account Deficit of India is the huge import bills of Crude Oil and we can also say that to some extent political reasons are also responsible for the deficit as still crude oil products are sold at highly subsidised rates in our markets. It is recommended that you keep in your mind the rough figures of these Crude Oil imports and exports which are particularly important from the perspective of General Studies question be it objective or subjective. Please note that these audio tutorials are believed to be free of any sort of copyright claim. If anyone has any complaint regarding the display of this audio on this blog kindly tell us about your complaint in the comment section below and we will remove it.