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an article talks about Reduce Import Dependence in CSR magazine

Competition success review magazineonline purchase Almost 68% of the energy production in India is accounted by fossil fuels, which are mainly imported from the West Asian countries. Additionally, Competition success review magazineonline purchase India imports about 30% of its natural gas consumption as Liquefied Natural Gas (LNG) at a very high price. Hence, in order to meet its energy requirements at affordable prices, competitive success magazinesubscription the Indian Government has sought to pursue gas-based economy by increasing its use of natural gas from 6.5% at present to 15%. At present, India is looking at other options such as TAPI or import of LNG from Gulf countries. competitive success magazinesubscription The exploration of shale gas would thus, enable India to reduce its import of fossil fuels and pursue a gas-based economy. The reduced import dependence would in turn help in forex savings and improve the current account deficit in India.