Updates on Key Sectors in View of Developments in West Asia
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500+ questions on Economy with explanations
📌 Summary:
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The Government of India released a comprehensive update on energy supply, maritime operations, and welfare of Indian nationals amid the ongoing West Asia conflict
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LPG tanker MT Sarv Shakti (Marshall Islands-flagged, carrying 46,313 MT of Indian LPG cargo) safely crossed the Strait of Hormuz on May 2, 2026 — first major crossing after a 2-week lull; expected at Visakhapatnam on May 13
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~47 lakh domestic LPG cylinders delivered against bookings of ~47.4 lakh cylinders; domestic supply prioritized
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More than 1,900 raids conducted nationwide against hoarding and black marketing; 349 LPG distributorships penalised, 74 suspended
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PNG expansion: ~6.04 lakh PNG connections made since March 2026; National PNG Drive 2.0 extended to June 30, 2026
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CBG policy: Government developed model State CBG (Compressed Biogas) Policy to promote cleaner, self-reliant energy
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Air travel: UAE General Civil Aviation Authority restored normal air navigation; Indian and UAE carriers operating flights from UAE to India
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DG Shipping facilitated safe repatriation of 2,953+ Indian seafarers from the Gulf; Control Room handled 8,373 calls since activation
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MoEFCC directed CPCB to grant consent to CGD (City Gas Distribution) network/infrastructure within 15 days
🎯 UPSC Relevance: GS3 — Indian Economy; Energy security; India's dependence on West Asia for petroleum; GS2 — IR; India-West Asia relations; welfare of diaspora
📝 Prelims Facts:
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MT Sarv Shakti: Marshall Islands-flagged LPG carrier; 46,313 MT cargo; 20 crew (18 Indians)
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Strait of Hormuz: critical maritime chokepoint; ~20% of global oil trade passes through it
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National PNG Drive 2.0 extended to June 30, 2026
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CBG = Compressed Biogas
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PNGRB = Petroleum and Natural Gas Regulatory Board; directs CGD entities
🔑 Key Term: City Gas Distribution (CGD) — A network of pipelines distributing natural gas and PNG (Piped Natural Gas) to domestic households, commercial establishments, and industrial users within a city or district
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