Prime Minister Dr. Manmohan Singh said on Saturday that the foreign investment environment in India is conducive. After dedicating to the nation Mangala oilfield at Barmer in Rajastha, Dr. Singh assured investors of full co-operation form the government and various agencies. The Prime Minister said world-over economic development has followed oil and gas discoveries and the same will happen in Rajasthan where newer avenues of employment will be created.
He also said that the Mangala oil field will prove to be a good source of income and employement for the state government. Mangala Oil field is the largest oil discovery since 1985 and is likely to contribute towards more than one-fifth of domestic crude oil production by 2011. He also said that the centre would provide every possible assistance to the Rajasthan government in view of the drought.
He also said that the Mangala oil field will prove to be a good source of income and employement for the state government. Mangala Oil field is the largest oil discovery since 1985 and is likely to contribute towards more than one-fifth of domestic crude oil production by 2011. He also said that the centre would provide every possible assistance to the Rajasthan government in view of the drought.
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