PM Modi: India’s Fertiliser Reserves Strong, Ethanol Blending Reduces Oil Imports
Synopsis
Key Takeaways
New Delhi, March 23 (NationPress) Prime Minister Narendra Modi highlighted that India possesses significant fertiliser reserves to support its farmers, with a diversified approach to imports. On Monday, he stated that during the upcoming Kharif season, the country is focused on achieving sufficient sowing.
While addressing Parliament, PM Modi reassured that the government has ensured ample fertiliser reserves.
"We have implemented various measures in recent years to assist farmers. Our fertiliser imports have been diversified. Additionally, we have introduced the option of 'Make in India fertiliser' for farmers," the Prime Minister emphasized during discussions on the ongoing West Asia crisis in the Lok Sabha.
The government has evaluated the needs of farmers for the Kharif season concerning fertilisers. The strategies adopted over the past few years to maintain sufficient fertiliser stocks will guarantee timely availability and food security, as per PM Modi's remarks.
More than 22 lakh solar pumps have been distributed to farmers to decrease reliance on diesel, he noted.
PM Modi also pointed out that India's commitment to ethanol blending and production is yielding positive results during challenging times.
"Thanks to ethanol blending, we now import 4.5 crore fewer barrels of oil annually," he remarked.
Moreover, the central government has provided 15,000 e-buses to state governments, showcasing our commitment to alternative fuels for a safer future," he added.
"Today, energy is pivotal to our economy. West Asia is a crucial supplier for global energy demands. The government is proactively addressing the disruptions in the Middle East, and the fundamentals of the Indian economy remain robust," PM Modi asserted.
During a Cabinet Committee on Security (CCS) meeting led by PM Modi on Sunday, strategies to discuss alternative fertiliser sources to ensure future availability were also examined. Furthermore, it was established that maintaining adequate coal stocks at power plants will prevent any electricity shortages in India.
Additionally, various strategies were discussed to diversify import sources for chemicals, pharmaceuticals, petrochemicals, and other industrial sectors. New export destinations for promoting Indian goods will also be developed shortly.