Is India's plan to fund up to 50% of deepwater oil exploratory well costs a good investment?

India plans an Rs 80,000-crore incentive package for deepwater oil exploration. The government will fund up to half the cost of drilling exploratory wells. This initiative aims to reduce exploration risks and attract global companies.

• Option 1: Yes, it's a great investment
• Option 2: No, it's too expensive
• Option 3: Not sure