Be prepared to face long-term impacts of West Asia war’: PM Modi in Parliament | Key points

By Ajjay Bhagyakar | Published by Griha Realty

Source: Indian Express

 Source: Indian Express

India is bracing for prolonged economic and energy challenges as the ongoing West Asia conflict continues to disrupt global supply chains. Addressing Parliament during the Budget Session, Prime Minister Narendra Modi described the situation as “worrisome,” warning of long-term consequences for the country’s economy and energy security.

The crisis, centered around key trade routes like the Strait of Hormuz, has significantly impacted fuel transportation. India, which relies heavily on imports, faces heightened vulnerability—over 80% of crude oil and 60% of LPG demand is met through imports, with a major share passing through this critical corridor, Be prepared to face long-term impacts of West Asia war’: PM Modi in Parliament | Key points.

Government Steps to Secure Energy Supply

To counter disruptions, the government has taken multiple proactive measures:

• Boosting domestic LPG production to reduce dependency on imports

• Diversifying energy imports to 41 countries, compared to 27 earlier

• Maintaining 5.3 million metric tonnes of strategic petroleum reserves, with plans to expand further

• Ensuring smooth supply of petrol, diesel, and gas across the country

These steps aim to safeguard households and essential services from fuel shortages amid global instability.

Impact on Economy and Daily Life

The ongoing conflict has triggered global uncertainty, affecting not only fuel prices but also trade, logistics, and inflation. Disruptions in LPG supply chains have already created pressure in several regions, highlighting India’s dependence on overseas energy routes.

PM Modi emphasized that the crisis has created economic, national security, and humanitarian challenges, urging preparedness similar to the resilience shown during the Covid-19 pandemic.

Focus on Energy Independence and Future Preparedness

The government is also focusing on long-term solutions, including:

• Expanding renewable energy capacity

• Increasing coal-based power readiness for peak summer demand

• Promoting solar energy adoption across households

• Strengthening fertilizer and agricultural supply chains

Additionally, states have been advised to monitor black marketing and ensure fair distribution of essential commodities.

Conclusion Be prepared to face long-term impacts of West Asia war’: PM Modi in Parliament | Key points

The West Asia conflict has once again exposed the fragility of global energy networks. While India’s diversified strategy and reserves offer some cushion, the situation remains uncertain.

As highlighted in Parliament, the nation must stay prepared for sustained disruptions while accelerating its journey toward energy self-reliance.