Relationship of "Drill Baby Drill" projects -&- Indian Budget Live ( Annual Financial Statement) 2025-26

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In simple terms, the definition of economics says-

1. In the most flexible approach, 
2. The utilization of resources on a priority basis.

The two most important events are in front of us today.

1. The first one is within 30 minutes the Indian government Annual financial statement -Budget - for the year 2025-26 is about to be tabled in the Lok Sabha, parliament.
2. And the second one is the project Drill Baby Drill project, an Energy Emergency, launched by the USA President Donald Trump.

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Look at these 03 pictures closely- 

1. In the first picture 
2. whenever there is a mismatch between demand -&  supply 
3. actually, we have the birth of the subject of economics.
4. As the whole focus and the core concentration of this subject is 
5. to balance between demand and supply, we have two options for this balancing out 

 

One is-

1. to decrease the demand 
2. to match with the supply which 
3. is in itself a negative approach because that will happen only when there is a contraction in a given economy. 

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The second approach is- 

1. an increment in the supply side 
2. to match with demand, which is a positive approach, because in general, we have expansion in the size of the economy. 

But there is also a third approach -

1. where we need to tighten the maladministered screw of the supply chain in the giving economy.

       

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Now, actually, both governments that -

1. the Government of India and 
2. Government of the USA 
3. primarily focus on the 3rd approach of Tightening the Mal-Administered screw in the supply chain.

By announcing the “drill baby drill project,” actually Trump administration is actually trying-

1. to improve the internal supply mechanism of crude oil availability in the Nation.
2. The USA is one of the world's largest producers and consumers of crude oil. 
3. Before implementing the "drill baby drill project," the Trump administration took a bold step of coming out of the “Paris Climate Agreement.” 
4. just to ensure the lifting of restriction, or I would say environmental restriction on its crude oil-producing industry 
5. as those restrictions were acting as hindrances in the supply side of crude oil management.

So-

1. implementing the "drill baby drill" project 
2. actually more home-induced crude oil energy would be supplied to the domestic manufacturing industry.
3. Simultaneously, the high production would earn foreign currency by exporting it 
4. This means more money in the pocket of the nation's economy and in the pocket of the general consumer.
5. That means a lower text tariff and a high rate of saving.

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Similarly - 

1. in the Indian context 
2. now the complete focus of the Indian government is 
3. to increase middle-class consumption expenditure in the economy 
4. to boost manufacturing, and 
5. to build a high-quality infrastructure project 
6. along with easy availability of money by the supply chain side through the banking sector.

Now, it is about to see what the outcomes would be the outcomes of the general budget 2025-26 in this chain of command of improving the supply side mechanism.

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