The Indian government has taken a range of measures to ensure food, fuel and fertiliser security amid disruptions due to the conflict in West Asia.
Prime Minister Narendra Modi convened a meeting of the Cabinet Committee on Security (CCS) to review 'mitigating measures' in the wake of the conflict.
The meeting focused on the expected impact of the conflict on sectors such as agriculture, fertilisers, food security, petroleum, power, MSMEs, exporters, shipping, trade, finance and supply chains.
Cabinet Secretary T V Somanathan presented on the global situation and the mitigating measures initiated by all ministries and departments.
The meeting assessed the impact on India and discussed immediate and long-term countermeasures, as well as the country's overall macroeconomic scenario.
Measures taken include maintaining adequate coal stocks at all power plants to ensure no shortage of electricity, diversifying sources of imports required by the chemicals, pharmaceuticals, petrochemicals and other industrial sectors, and promoting exports to new destinations.
Modi ordered the creation of a group of ministers and secretaries to work dedicatedly in a whole-of-government approach, and instructed sectoral groups to work in consultation with all stakeholders.
