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India Forms High-Level Groups to Tackle West Asia Conflict Fallout; PM Modi Announces Seven Empowered Groups

The ongoing Middle East conflict has severely impacted India's private sector, causing manufacturing to slump and disrupting rice exports, with new warnings of a beer shortage due to the Iran war hitting supply and increasing production costs. In response, the Centre has constituted seven empowered groups to handle the fallout on specific sectors, including oil, gas, fertilisers, supply chains, and inflation, with PM Modi announcing these groups to address the global energy crisis and the war also hitting Indian kitchens with a surge in edible oil prices and pushing up plastic packaging costs.

24 Mar, 09:52 — 25 Mar, 00:32
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Excellent (75/100)
6 sources33/33
Spectrum spread4/5 buckets covered25/33
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The Independent
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myjoyonline
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Geographic diversity4 regions17/34
India3Ghana1UK1Singapore1

Sources

Showing 6 of 6 sources
The IndependentMostly Factual14h ago

Beer shortage warning for India as Iran war hits supply

Gas shortage due to Middle East conflict has led to a surge in costs for producers

By Aditya Kalra

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Times of IndiaMostly Factual2h ago

Middle East crisis: PM Modi sets up 7 empowered groups to assess impact of war

Prime Minister Narendra Modi announced the formation of seven empowered groups to assess the impact of the West Asian conflict on India's energy supplies, essential commodities, and supply chains. These quick-response teams will develop strategies to mitigate economic repercussions, drawing lessons from the Covid-19 pandemic playbook.

By TIMES NEWS NETWORK

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hindustan-timesMostly Factual1h ago

PM: Empowered groups formed to deal with fallout from Iran war

PM Modi announced seven empowered groups to address the global energy crisis caused by the West Asia conflict

Read full article →
ndtvMostly Factual10h ago

Centre Forms 7 High-Level Groups To Tackle Economic Fallout Of Middle East Crisis

New Delhi, March 24 (IANS) The Centre has constituted seven empowered groups of officials and experts to handle the fallout of the Iran war on specific sectors of the Indian economy, including oil, gas, fertilisers, supply chains, and inflation.

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channel-news-asiaMostly Factual16h ago

India rice exports hit by Middle East conflict as shipments stall and prices fall

What was expected to be a bumper year for Indian rice exporters – on the back of a strong harvest – has instead been upended by the ongoing war in Iran.

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myjoyonlineMixed2h ago

China dials back on fuel price hikes to ‘reduce burden’ on drivers

China has dialled back on planned fuel price hikes in a bid to "reduce the burden" on drivers, as energy costs surge amid the Iran war.

By Abubakar Ibrahim

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