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