Modi Expresses Concern Over West Asia Situation Impacting Global Economy

Prime Minister Modi Addresses West Asia Crisis

New Delhi, Mar 23: On Monday, Prime Minister Narendra Modi described the ongoing situation in West Asia as "worrisome," emphasizing its detrimental effects on the global economy and the livelihoods of individuals.

During a statement in the Lok Sabha regarding the West Asia crisis, Modi highlighted that ensuring the safety of Indian citizens remains the government's top priority during conflicts, asserting that the Centre is both vigilant and prepared to provide necessary support.

"The current circumstances in West Asia are concerning. This crisis has persisted for over three weeks, significantly impacting the global economy and people's lives. The international community is urging all involved parties to resolve this situation swiftly," Modi remarked.

He noted that since the onset of the conflict, the government has ensured that every Indian in the affected regions receives essential assistance.

"I have communicated with numerous heads of state in West Asia through two rounds of phone calls, and they have all guaranteed the safety of Indian nationals," he stated.

Regrettably, the Prime Minister acknowledged that some individuals have lost their lives, while others have sustained injuries due to the conflict.

Modi assured that support is being extended to the families impacted by the crisis.

He also mentioned that cargo movement through the Strait of Hormuz has faced challenges since the war began, yet the government is working to ensure that gas and fuel supplies remain minimally affected.

"India relies on imports for 60% of its LPG needs. Given the uncertain supply situation, the government is prioritizing domestic production. We are also increasing LPG production within the country," he explained.

Highlighting the measures taken by the BJP-led government over the past decade to enhance energy security, Modi stated, "In the last 11 years, India has diversified its energy imports. Previously, we sourced energy needs such as crude oil, LNG, and LPG from 27 countries. Now, we import energy from 41 countries."

He further elaborated on India's strategic initiatives to secure energy amidst the ongoing conflict.

Modi pointed out that the conflict has introduced unforeseen challenges, including economic, humanitarian, and national security issues.

"The nations affected by this conflict maintain extensive trade relations with India. This region is crucial for fulfilling a significant portion of our crude oil and gas requirements, and approximately 1 crore Indians reside and work there," he added.

He emphasized the importance of a unified and collective voice from Parliament regarding this crisis to reach the global community.