Prime Minister Narendra Modi on Monday assured that India has adequate fertiliser stocks and a diversified import strategy, ensuring stability for farmers amid global uncertainties.
Addressing Parliament during a discussion on the West Asia crisis, the Prime Minister said the government has taken multiple steps in recent years to support farmers and strengthen food security.
Focus on Farmer Support and Food Security
PM Modi highlighted that the government has:
- Maintained sufficient fertiliser reserves
- Diversified fertiliser import sources
- Promoted ‘Make in India’ fertilisers
He added that the government has assessed fertiliser demand for the upcoming Kharif season, ensuring timely availability and minimal impact on farmers.
Push for Renewable Energy in Agriculture
The Prime Minister said efforts are underway to reduce dependence on diesel in agriculture, noting that over 2.2 million solar pumps have been distributed to farmers across the country.
Ethanol Blending Reduces Oil Imports
Highlighting progress in alternative fuels, PM Modi said India’s focus on ethanol blending has yielded positive results.
“Due to ethanol blending, India is now reducing crude oil imports by around 4.5 crore barrels annually,” he said.
Strengthening Energy Security Amid Global Challenges
Calling energy the backbone of the economy, the Prime Minister noted that West Asia remains a key source of global energy supplies. He said the government is taking proactive measures to mitigate disruptions and ensure economic stability.
CCS Reviews Fertiliser and Energy Preparedness
A meeting of the Cabinet Committee on Security (CCS), chaired by PM Modi on Sunday, reviewed the situation in West Asia and discussed:
- Alternative fertiliser sourcing
- Ensuring adequate coal stock at power plants
- Preventing power shortages
Diversification of Imports and Export Expansion
The government is also working on diversifying imports for key sectors such as:
- Chemicals
- Pharmaceuticals
- Petrochemicals
Additionally, plans are underway to develop new export destinations to boost Indian goods in global markets.
