India bucking trend by adding refining capacity: PM Modi

The Indian government has been working to enhance the country's energy security by increasing refining capacity, as stated by PM Modi. This move is significant as it bucks the trend of other countries. While some were spreading rumors of a crisis, the government was focused on boosting domestic LPG production and exploring alternative crude supplies. The government's strategy also involves leveraging diplomacy to protect consumers from the impact of energy shortages and price volatility. By diversifying crude supplies, the government aims to reduce dependence on any one source, thereby mitigating the risk of shortages. The efforts to increase refining capacity and improve energy security are part of a broader plan to ensure that consumers are shielded from steep price shocks during periods of energy crisis. The government's approach has been to work quietly behind the scenes to address the energy challenges, rather than succumbing to rumors of a crisis. As a result, the country has been able to navigate the worst of the energy crisis without significant disruptions to consumers. The government's proactive measures have helped to stabilize the energy market and reduce the impact of external factors on domestic energy prices. Overall, the government's strategy has been focused on building a more resilient and secure energy system for the country.