Thursday, March 26, 2026
News

"No country is untouched by the impact of this global crisis": PM Modi unveils India's energy strategy amid West Asia conflict

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | March 12, 2026 10:51:48 PM IST
Prime Minister Narendra Modi on Thursday outlined a dual approach to energy security: boosting domestic infrastructure for wider access and promoting self-sufficiency to cut reliance on imports.

Addressing the gathering at the NXT conclave in Bharat Mandapam on Thursday, the Prime Minister said, "First, to increase energy access in the country, we build infrastructure. Second, we do not have to rely solely on foreign sources for energy. For this, we emphasised self-reliance in the energy sector..."

He also criticised the Opposition for "pursuing its own agenda" amid the LPG shortage issue and assured that continuous efforts are being made to "overcome the obstacles in the supply chain."

Addressing the gathering at the NXT conclave in Bharat Mandapam on Thursday, the Prime Minister said that the Opposition is trying to create panic among the public, thereby harming the country.

He further stated that though the war has impacted the nation, the government is making continuous strides in addressing the crisis.

"There's a lot of discussion these days about LPG. Some people are trying to create panic and pursue their own agenda. I don't want to comment on them politically at this time. But I will definitely say that by doing so, they are exposing themselves to the public and causing significant harm to the entire country. No country is untouched by the impact of this global crisis caused by war. To a greater or lesser extent, everyone is affected by this crisis. India is also leaving no stone unturned to address this crisis. And we are making efforts at various levels. Recently, I have discussed this with top leaders from several countries around the world. Continuous efforts are also underway to overcome the obstacles in the supply chain," the PM stated.

PM Modi further shed light on the efforts made by the BJP government in boosting the capacity of petrol, diesel and LPG resources in the country.

He said that from minimal petroleum reserves in the country, prior to 2014, over 50 lakh tonnes have been established in the present times. On similar lines, he said that the number of LPG connections and LNG terminals in the country has doubled since 2014.

"In the petroleum and diesel sector, we have made significant strides in capacity building. Prior to 2014, India's strategic petroleum reserves--crude oil stored for use during times of crisis--were minimal. Today, we have established over 50 lakh tonnes of strategic petroleum reserves," the PM said.

"Until 2014, there were only 14 crore LPG connections in the country. Today, there are more than double that--33 crore household LPG connections. In 2014, there were only 4 LNG terminals in the country. Today, their number has also doubled," he added.

Further assuring the public, the Prime Minister referred to the increase in the fertiliser prices during the escalation of the Russia-Ukraine crisis. He underscored the efforts made by the Union government to reduce the impact on farmers and citizens, including keeping the price of a bag of urea at Rs 300 while it costs Rs 3000 globally.

The Indian government has always made every effort to ensure that the burden of the war's consequences doesn't fall on Indian citizens. And when the Russia-Ukraine crisis escalated, fertiliser prices skyrocketed. Despite this, we provided our farmers with a bag of urea for Rs 300, which used to cost Rs 3,000 in the international market. This time too, we will make every effort to ensure that the war has minimal impact on the lives of our farmers and citizens," the PM stated.

He further requested the state governments to "prevent black marketing and the spread of rumours" and asserted strict action against those engaged in such activities.

"In this crucial time, from this platform, I also request the state governments: it's essential to prevent black marketing and the spread of rumours. Therefore, careful monitoring of the situation is essential. Major action should be taken against those engaging in black marketing," the PM said. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
'Rahul Gandhi and his Congress are 'B-te...
'Colossal failures in diplomacy': Jairam...
PM Narendra Modi to inaugurate Phase I o...
'CM Mamata has not done justice to Musli...
West Bengal LoP Suvendu Adhikari holds R...
Uttar Pradesh CM Yogi Adityanath holds '...
More...    
 
 Top Stories
Endgame for Nirav Modi, UK High Cou... 
IPL 2026: CSK skipper Ruturaj Gaikw... 
Chhattisgarh: Poultry sales halted ... 
"Entire nation knows AIMIM chief Ow... 
Abhishek Middha Launches Middha Ven... 
A Ceremony of Firsts: India's Deaki... 
Reducing import dependence through ... 
Amit Shah to visit West Bengal on M...