Narendra Modi will address the Lok Sabha at 2 pm on Monday during the ongoing Budget Session, outlining key aspects of the escalating West Asia conflict and India’s stance.
The address follows a high-level government review of the crisis and its potential impact on India’s economy, supply chains and essential commodities, along with measures to minimise disruption for citizens and businesses. According to the Prime Minister’s Office, the cabinet secretary presented a detailed assessment of the evolving global situation and steps already taken, as well as those being planned across ministries.
The review covered multiple sectors, including agriculture, fertilisers, food security, petroleum, power, MSMEs, exports, shipping, trade and finance. Officials also evaluated the broader macroeconomic outlook and discussed safeguards to maintain economic stability.
The government noted that the ongoing conflict in West Asia could have significant short-, medium- and long-term consequences for the global economy, with both immediate and long-term countermeasures under consideration.
Tensions in the region have intensified amid the standoff between Iran and the United States. US President Donald Trump warned that Washington would “obliterate” Iran’s power infrastructure if Tehran does not reopen the Strait of Hormuz within 48 hours. Iran has responded by threatening strikes on US and Israeli energy assets.
Meanwhile, Iranian missile strikes hit areas in southern Israel, causing damage and injuries near a major nuclear research site.
The conflict has taken a heavy human toll, with over 1,500 deaths reported in Iran and more than 1,000 in Lebanon, alongside casualties in Israel and among US forces. Millions have been displaced across the region as the fighting continues.
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