Last Updated on March 23, 2026 5:20 pm by BIZNAMA NEWS
Andalib Akhter / New Delhi
Prime Minister Narendra Modi on Monday told Parliament that the ongoing conflict in West Asia has placed India under “unprecedented” economic, security, and humanitarian pressure, while emphasizing that fuel supplies remain stable and the safety of Indian nationals abroad continues to be the government’s top priority.
Addressing the House, the Prime Minister said the crisis—now stretching beyond three weeks—has severely impacted global markets and disrupted key trade routes, prompting India to push for a united global call for de-escalation and diplomatic resolution.
India’s concerns are significant given its deep economic and human linkages with the region. A large share of the country’s crude oil and gas imports originates from West Asia, while the region also serves as a critical transit corridor for global trade. Nearly one crore Indians live and work in Gulf countries, and a substantial number are employed in maritime operations across the region.
The government said it has been in constant touch with leaders of affected countries, who have assured the safety of Indian nationals. However, some casualties have been reported, with injured citizens receiving treatment and affected families being provided assistance.
Over 3.75 lakh Indians have been evacuated or have returned home since the conflict began, including around 1,000 from Iran—over 700 of them medical students. Indian missions in the region remain on high alert, issuing regular advisories and operating 24/7 control rooms and emergency helplines.
Despite disruptions in the Strait of Hormuz—a key route for oil, gas and fertiliser shipments—the government has managed to maintain stable supplies of petrol, diesel and LPG. With India importing about 60% of its LPG needs, domestic consumption has been prioritised and production ramped up to avoid shortages.
Efforts are also underway to secure alternative supply chains and ensure safe passage of cargo through global maritime routes. Several Indian vessels stranded near conflict zones have already been brought back safely.
The government underscored structural measures such as increased ethanol blending—now nearing 20%—railway electrification, metro expansion and a push for electric mobility, which have collectively reduced dependence on imported fuels.
On agriculture, the Centre said India has adequate foodgrain stocks and sufficient fertiliser availability to ensure smooth Kharif sowing. In recent years, domestic fertiliser production has been ramped up, and imports diversified to mitigate global supply shocks.
With summer approaching, the government said it is prepared to meet rising power demand. Coal stocks are adequate, and India has recorded over one billion tonnes of coal production for two consecutive years. Renewable energy capacity has crossed 250 GW, with solar power witnessing rapid growth.
Security agencies across coastal, border, cyber and strategic sectors have been placed on high alert to prevent any spillover risks or attempts to exploit the situation domestically.
Warning of a prolonged global impact, the government urged unity and vigilance, calling on states to act firmly against hoarding and black marketing
