ভারতের সমতা রক্ষা: সঙ্কটের মাঝেও তেল ও ইউরিয়ার জোগান বজায় রাখা এক বড় সাফল্য

ভারতের সমতা রক্ষা: সঙ্কটের মাঝেও তেল ও ইউরিয়ার জোগান বজায় রাখা এক বড় সাফল্য                 ~ED.2~

Transcript

00:00The whole world is affected by the Russian-Ukrainian trade.

00:10Unhealthy oil and uranium demand has turned into famine in the world economy.

00:17In India, the Modi government has determined economic stability, cost-effectiveness and stability.

00:23Let's see how India has maintained oil and uranium demand.

00:36India is dependent on oil and uranium.

00:39The Russian-Ukrainian trade war has led to a decline in oil and uranium demand.

00:43But India's economic process has ensured oil and uranium demand.

00:49Russia is now the largest oil producer in India.

00:52It accounts for 20% of India's total GDP.

01:20India is supplying a lot of crude oil to India.

01:22And that is relatively cheaper if India buys from the US, Venezuela or the Middle East.

01:29So that comes relatively at a lower price.

01:33And therefore, we were able to save some of the foreign currency as well.

01:38The Modi government's policy has helped to safeguard these assets.

01:43The government has implemented the Russian-Ukrainian trade law to protect the assets of the consumers and farmers.

01:50Uranium has become a commodity.

01:52But it has also shown that the farmers are not affected by its effects.

02:14That's going to make a huge difference in the long run.

02:18But it's undeniable that India depends on Russia for many things.

02:23I mean, when it comes to oil, when it comes to fertilizer, sure.

02:27But it's really interesting to note that that also is what gives India an interesting sense of leverage when it comes to Russia.

02:35Because they are such a large importer of certain Russian products.

02:40And that is why India has such a geopolitical importance.

02:44Because when they come to the table, they are seen as the trusted broker between the two countries.

02:49When it comes even at looking at a potential kind of further dialogue.

03:24But the long-run implications of some of these schemes actually can be quite beneficial.

03:29But the devil is in the details and in the execution.

03:32It's very important to understand how this is actually going to be executed over time.

03:38Even though the short-term policies have helped a little,

03:41India has given special attention to becoming more cooperative in these important sectors.

03:47Mirror Report, One India Bangla.