New Delhi, Oct. 1 -- Former Cabinet Secretary and NITI Aayog member Rajiv Gauba has called for stronger regulation, market-oriented reforms and institutional capacity building to advance India's energy security and to realise the vision of Viksit Bharat at 2047.

Addressing the 20th Foundation Day of the Petroleum and Natural Gas Regulatory Board (PNGRB), Gauba stated that the domestic hydrocarbon sector operates amid rising global instability and supply risks.

According to a NITI Aayog release, Gauba noted that the petroleum and natural gas sector operates in an increasingly complex global environment, marked by geopolitical tensions, supply disruptions, and heightened energy-security risks.

Reflecting on India's policy trajectory, he ...