PM Modi on how India tackled, overcame 'biggest energy crisis of 21st century'
Addressing a public gathering in Rajasthan after inaugurating the state's long-awaited refinery project, PM Modi said the conflict in West Asia had plunged the world into turmoil, with several major economies grappling with an unprecedented energy crisis.
Prime Minister Narendra Modi on Saturday asserted that India had successfully overcome what he described as the biggest energy crisis of the 21st century,' triggered by the West Asia war, crediting timely policy interventions, strategic planning and India's diplomatic outreach for shielding the country from a severe fuel shock.
Addressing a public gathering in Rajasthan after inaugurating the state's long-awaited refinery project, PM Modi said the conflict in West Asia had plunged the world into turmoil, with several major economies grappling with an unprecedented energy crisis. However, he maintained that India emerged largely unscathed because of the government's swift decision-making and coordinated response.
"The willpower and efforts of the new India of the 21st century have overcome the biggest energy crisis of the 21st century," PM Modi said, adding that India had taken the right decisions at every level, assessed the crisis in time, formulated an effective strategy, made balanced use of national resources and leveraged its diplomatic strength to navigate the challenge.
Taking a jibe at the opposition, PM Modi further said that while 'some forces' were busy spreading rumours and creating panic during the crisis, the government was working tirelessly behind the scenes to ensure uninterrupted energy supplies. He said the scale of work undertaken, the patience shown and the sensitive policy and diplomatic interventions made during the crisis would "be etched in history" as unprecedented efforts.
LPG SUPPLIES, DIPLOMACY HELPED INDIA WEATHER THE CRISIS
Highlighting the challenges posed by disruptions in West Asia, PM Modi noted that India depends on imports for nearly 60 per cent of its LPG requirements. He said the closure of the Strait of Hormuz during the conflict had threatened to trigger a major energy emergency, but India's preparedness and diplomatic engagement helped avert the crisis.
"Our diplomatic relations with foreign countries helped us overcome the crisis. During the war, Indian diplomacy displayed its strength," the PM said, adding that India succeeded in sourcing fuel from nearly 40 countries despite the disruptions.
He further said that even as global supply chains came under pressure, domestic LPG supplies continued uninterrupted. Referring to government measures, the Prime Minister said the price of commercial LPG cylinders had recently been reduced substantially, providing relief to businesses. He also stressed the fact that the government handled the LPG crisis in just seven days.
PM Modi also mentioned that public sector oil marketing companies incurred losses exceeding Rs 75,000 crore during the crisis, with the government absorbing the financial burden to protect consumers from the full impact of soaring global fuel prices.
SELF-RELIANCE, RAJASTHAN REFINERY AT THE CENTRE OF ADDRESS
Linking energy security with national self-reliance, the PM said a nation's self-respect could remain high only when it becomes self-dependent. He described the Rajasthan refinery as a significant milestone in India's journey towards energy self-sufficiency.
"Today, from this land, a big step has been taken towards self-reliance," he said, adding that the refinery reflected the BJP government's commitment to completing projects rather than merely laying foundation stones.
The Prime Minister also inaugurated the new terminal building at Jodhpur Airport, remarking that the modern facility had already become a talking point on social media.
TARGETS CONGRESS, HIGHLIGHTS 'DOUBLE-ENGINE' GOVERNMENT
Launching a scathing attack on the Congress, which ruled Rajasthan from 2018 to 2023, PM Modi alleged that the refinery project had remained stalled because of the previous Congress government in Rajasthan. He claimed that work gathered pace only after the BJP came to power in the state, attributing the progress to the 'double-engine government.'
"You know me. The project whose foundation stone I lay is also inaugurated by me," PM Modi said, drawing applause from the gathering.
In a swipe at his critics, the Prime Minister said those who had predicted India's failure during the global energy crisis would now be 'in the abyss of dejection.' He asserted that despite attempts to undermine India's prospects, the country had demonstrated resilience through decisive governance, diplomatic outreach and a focus on self-reliance.
Prime Minister Narendra Modi on Saturday asserted that India had successfully overcome what he described as the biggest energy crisis of the 21st century,' triggered by the West Asia war, crediting timely policy interventions, strategic planning and India's diplomatic outreach for shielding the country from a severe fuel shock.
Addressing a public gathering in Rajasthan after inaugurating the state's long-awaited refinery project, PM Modi said the conflict in West Asia had plunged the world into turmoil, with several major economies grappling with an unprecedented energy crisis. However, he maintained that India emerged largely unscathed because of the government's swift decision-making and coordinated response.
"The willpower and efforts of the new India of the 21st century have overcome the biggest energy crisis of the 21st century," PM Modi said, adding that India had taken the right decisions at every level, assessed the crisis in time, formulated an effective strategy, made balanced use of national resources and leveraged its diplomatic strength to navigate the challenge.
Taking a jibe at the opposition, PM Modi further said that while 'some forces' were busy spreading rumours and creating panic during the crisis, the government was working tirelessly behind the scenes to ensure uninterrupted energy supplies. He said the scale of work undertaken, the patience shown and the sensitive policy and diplomatic interventions made during the crisis would "be etched in history" as unprecedented efforts.
LPG SUPPLIES, DIPLOMACY HELPED INDIA WEATHER THE CRISIS
Highlighting the challenges posed by disruptions in West Asia, PM Modi noted that India depends on imports for nearly 60 per cent of its LPG requirements. He said the closure of the Strait of Hormuz during the conflict had threatened to trigger a major energy emergency, but India's preparedness and diplomatic engagement helped avert the crisis.
"Our diplomatic relations with foreign countries helped us overcome the crisis. During the war, Indian diplomacy displayed its strength," the PM said, adding that India succeeded in sourcing fuel from nearly 40 countries despite the disruptions.
He further said that even as global supply chains came under pressure, domestic LPG supplies continued uninterrupted. Referring to government measures, the Prime Minister said the price of commercial LPG cylinders had recently been reduced substantially, providing relief to businesses. He also stressed the fact that the government handled the LPG crisis in just seven days.
PM Modi also mentioned that public sector oil marketing companies incurred losses exceeding Rs 75,000 crore during the crisis, with the government absorbing the financial burden to protect consumers from the full impact of soaring global fuel prices.
SELF-RELIANCE, RAJASTHAN REFINERY AT THE CENTRE OF ADDRESS
Linking energy security with national self-reliance, the PM said a nation's self-respect could remain high only when it becomes self-dependent. He described the Rajasthan refinery as a significant milestone in India's journey towards energy self-sufficiency.
"Today, from this land, a big step has been taken towards self-reliance," he said, adding that the refinery reflected the BJP government's commitment to completing projects rather than merely laying foundation stones.
The Prime Minister also inaugurated the new terminal building at Jodhpur Airport, remarking that the modern facility had already become a talking point on social media.
TARGETS CONGRESS, HIGHLIGHTS 'DOUBLE-ENGINE' GOVERNMENT
Launching a scathing attack on the Congress, which ruled Rajasthan from 2018 to 2023, PM Modi alleged that the refinery project had remained stalled because of the previous Congress government in Rajasthan. He claimed that work gathered pace only after the BJP came to power in the state, attributing the progress to the 'double-engine government.'
"You know me. The project whose foundation stone I lay is also inaugurated by me," PM Modi said, drawing applause from the gathering.
In a swipe at his critics, the Prime Minister said those who had predicted India's failure during the global energy crisis would now be 'in the abyss of dejection.' He asserted that despite attempts to undermine India's prospects, the country had demonstrated resilience through decisive governance, diplomatic outreach and a focus on self-reliance.
