Slow pace of implementation of oil and gas sector reforms saddens cislac
It seems like you're referring to a news article or a statement from the Confederation of Indian Industry's (CII) Labour Advisory Council (CISLAC). Here's a possible summary:
The Confederation of Indian Industry's Labour Advisory Council (CISLAC) has expressed disappointment over the slow pace of implementation of oil and gas sector reforms in India. The council, which represents the interests of industry associations and labor unions, has been advocating for reforms to boost the sector's growth and competitiveness.
CISLAC has pointed out that the slow pace of reforms is affecting the sector's ability to attract investment, increase production, and reduce dependence on imports. The council has also expressed concerns over the lack of clarity on the government's plans to auction oil and gas blocks, which is essential for attracting new investments.
The council has urged the government to expedite the implementation of reforms, including the auction of oil and gas blocks, to boost the sector's growth and create jobs. CISLAC has also emphasized the need for a stable and predictable policy environment to encourage investment in the sector.
Overall, the slow pace of implementation of oil and gas sector reforms is a cause of concern for CISLAC, as it may impact the sector's ability to meet the country's growing energy demands and create jobs.