We are driving on (foreign) oil.

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Recorded23 May 2023

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S1 E2 Oil, mainly foreign oil, keeps the Indian economy moving. In this episode of Building Blocks of the Indian Economy we explore India's chronic dependence on imports of crude oil (yes, most recently from Russia!), and how, despite the addition of electric vehicles to the Indian transport fleet, this dependence is only likely to grow in the years to come. History buffs, do check out the book The Licence Raj: An Economic Comedy of Errors https://www.amazon.in/dp/B0876M8HYV/ Email: [email protected]

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