Oil & Natural Gas Corporation Ltd.

The government is asking Oil and Natural Gas Corporation (ONGC) to sell its golf courses in Ahmedabad and Vadodara in Gujarat, sending the company into a tizzy as one of them has two producing oil wells.

The Department of Investment and Public Asset Management (DIPAM) has deemed golf courses and sports clubs owned by central public sector enterprises as 'non-core' assets and wants to monetise them.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.