Fueling Concerns: India's Energy Security in the Crossfire

Mallikarjun Kharge, Congress President, demanded a discussion in Rajya Sabha on India's energy security due to impacts of the West Asia conflict. He highlighted rising gas prices and regional instability affecting India's economy. The ongoing situation also hinders India's global image and risks for expatriates in the region.

Mallikarjun Kharge, Congress President and Leader of the Opposition in the Rajya Sabha, called for a short-duration discussion on India's energy security on Monday. Kharge's demand comes in light of the ongoing West Asia conflict that poses emerging challenges for India.

Highlighting a Rs 60 hike in domestic LPG and a Rs 115 increase in commercial gas prices, Kharge stressed the burden on the poor as justification for the notice under rule 176. He urged for a discussion, saying it is crucial given the escalating geopolitical situation.

Kharge underscored the conflict's broader impact on India's economic stability, with about 55% of crude oil being imported from the region. The ongoing unrest is also affecting Indian expatriates, with 1 crore Indians working there and reports of casualties. India receives significant remittances from Gulf countries, adding another layer of concern.

(With inputs from agencies.)