Defence Minister Rajnath Singh on Saturday emphasised the need for India to remain prepared for any sudden escalation in the West Asia conflict, describing the current situation in the region as "volatile". Singh made the comments while chairing a high-level meeting of the Informal Group of Ministers (IGoM) set up to monitor the situation in West Asia in New Delhi. Singh described the “ground situation of the conflict as uncertain and volatile, and emphasised the need for India to remain prepared not only for de-escalation but also for any renewed escalation.” In a social media post, Singh said the government under the leadership of Prime Minister Narendra Modi continues to take “swift and effective action” to mitigate any potential risks or problems arising due to the conflict.
The defence minister made a special mention of the Union Cabinet’s approval of a proposal for the creation of ‘Bharat Maritime Insurance Pool’ with a sovereign guarantee of Rs 12,980 crore to facilitate continuous maritime insurance coverages. “This important decision will ensure affordable and continuous insurance coverage for India’s maritime trade, strengthening the security and stability of India’s import-export operations. This is a major step towards a stronger, safer and more resilient trade ecosystem for India,” Singh said.
The IGoM was informed that despite a significant global supply shock, India has maintained an adequate fuel stock position, with active efforts to ensure an uninterrupted supply, the defence ministry said in a statement. The meeting was attended by External Affairs Minister S Jaishankar, Oil Minister Hardeep Singh Puri, Chemicals and Fertilizers Minister JP Nadda, Consumer Affairs Minister Prahlad Joshi, Civil Aviation Minister Kinjarapu Rammohan Naidu, Shipping Minister Sarbananda Sonowal, and Power Minister Manohar Lal
Newsinc24 Team





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