India Discovers Massive Oil Reserves In Assam | Shipra Goel & Sukriti Dubey

This is India’s journey from the looted ‘Golden Bird’ to the ‘Golden Eagle of the East’. With the discovery of oil reserves in Assam, India was able to pump money into Nehru’s vision of a ‘new India’–a nation with political independence and sovereign wealth. Consequently, it revived the economy by boosting various sectors, and provided opportunities for growth and development. India takes its spotlight back, which was once lost with colonization. The tea tycoons of Assam became oil tycoons. But it all came at a cost–India becomes vulnerable to frequent foreign attacks, insurgencies, environmental degradation, and the Northeastern culture and wildlife is endangered.