Context: West Asia Conflict Impact
PM informed Lok Sabha that the West Asia conflict will have long-term impact, while outlining India’s preparedness, diplomatic stand, and energy-security measures.
1) India’s Stand on Conflict
- Pro-peace position → dialogue and diplomacy as solution
- Opposes attacks on civilians and critical infrastructure
- Condemns disruption of international shipping routes like Strait of Hormuz
- Advocates de-escalation and stability in region
2) Diplomatic Approach
- Continuous engagement with West Asian leaders
- Coordination with multiple countries to reduce tensions
- Focus on ensuring safe passage of Indian vessels
- Assistance and evacuation of Indians in conflict zones
3) Energy Security Measures
- Strategic Petroleum Reserves → 5.3 million tonnes
- Target → increase to 6.5 million tonnes
- Diversification of oil and gas supply sources
- Increased refining capacity over years
4) Economic & Domestic Preparedness
- Adequate coal stock in power plants
- Preparedness for fertilizer supply disruptions
- Focus on ensuring kharif sowing and food security
- Government ready for any supply shock
5) India-Specific Concerns
- Strait of Hormuz risk → affects energy imports
- Large Indian diaspora in Gulf → safety priority
- Global oil price volatility → domestic impact
