In a decisive move amid escalating West Asia conflicts, Defence Minister Rajnath Singh convened the IGoM’s fourth session in New Delhi. The group scrutinized regional instability, India’s readiness, and forward-looking strategies to shield the economy.
The gathering included top ministers: EAM S. Jaishankar, JP Nadda, Hardeep Puri, Prahlad Joshi, Ram Mohan Naidu, Sarbananda Sonowal, Manohar Lal, Mansukh Mandaviya, and Jitendra Singh. Singh highlighted the fluid battlefield dynamics, advocating preparedness for both calming and worsening scenarios.
Under PM Modi’s stewardship, rapid actions are underway to neutralize fallout. Spotlight fell on the approved India Marine Insurance Pool with Rs 12,980 crore backing, ensuring cost-effective coverage for vessels hauling goods through risky waters, bolstering import-export continuity.
India’s buffers stand tall against supply snarls: 60+ days of crude oil, fuels, ATF; 50 days LNG, 40 days LPG. Hormuz risks mitigated via diversified imports from US, Australia, Latin America—needs met till mid-2026.
PNG push: 4.76 lakh connections activated post-March 2026, 37,500 LPG users switching daily at 15% growth. Joint group secures petrochemicals; 1,000 MT LPG daily allotted, 3,200 MT propylene sold.
Wholesale and retail food prices steady. Extra 25 LMT wheat eyed for export. Fertilizers ample—47.50 LT influx since March, urea production via LNG coordination. Phosphoric acid resolved with ammonium sulfate imports.
Over 1.85 lakh vigilance committees, 459 district task forces, aggressive enforcement: April raids at 8,330 sites, licenses axed, FIRs filed. Missions abroad coordinate inputs.
Prioritizing diaspora safety, Singh called for consistent domestic measures, best-practice sharing across states, and global benchmarking. This meeting reinforces India’s strategic depth in navigating geopolitical storms.