Govt trying to procure gas, crude oil from all possible sources: PM Modi
New Delhi (PTI): Prime Minister Narendra Modi on Tuesday said the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.
In a statement in the Rajya Sabha, Modi said the war in West Asia is a cause of concern, and India wants peace in the region through dialogue and diplomacy.
India's aim is de-escalation of the war and opening of Strait of Hormuz, he said, adding the country's attempt is to encourage all sections to peacefully resolve all issues.
If the West Asia crisis persists for a longer period, serious consequences are imminent, the prime minister said.
Commenting on India's efforts for energy security, he said in the past 11 years, 53 lakh MT strategic oil reserves have been created; work on 65 lakh MT additional capacity is on.
Besides, the government has started a Rs 70,000-crore project to manufacture ships, he added.
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Iran war halts Marathwada turmeric exports, prices drop in domestic market
Chhatrapati Sambhajinagar (PTI): The ongoing conflict between the US, Israel and Iran has halted turmeric exports from Maharashtra’s Marathwada region, causing domestic prices to crash from Rs 16,500 to Rs 13,000 per quintal.
Shiv Sena MLC Hemant Patil on Tuesday said that turmeric cultivated in Marathwada is exported to the Gulf and African countries, but the war that broke out last month has halted exports completely.
Turmeric is a cash crop cultivated in nearly 2 lakh acres in Hingoli district, and the Vasmat variety received a Geographical Identification (GI) tag in 2024.
Containers of turmeric from Hingoli and adjoining regions are shipped out of the country from Tamil Nadu and Kerala after processing, said Patil, who also heads the Balasaheb Thackeray Turmeric Research and Training Centre in Hingoli.
"Hingoli, Nanded, Wardha, Parbhani, Yavatmal and Washim are the turmeric belts in Marathwada. These districts produce nearly 25 lakh tonnes of the crop. The land under turmeric cultivation in Hingoli district alone is around 2 lakh hectares," he said.
Prakash Soni, a turmeric trader from Hingoli, said the Iran war has not only completely halted the exports, but the price of the produce in the domestic market has also taken a hit.
"Before the war, turmeric was being sold at Rs 16,500 per quintal. The price has now reached Rs 13,000. The price will drop further if the war continues," he said.
According to data from the Ministry of Commerce and Industry, India exported turmeric worth USD 341.54 million in 2024-25, with Maharashtra alone accounting for USD 155.35 million.
The produce was exported to Bangladesh, the UAE, the US, Malaysia and Morocco.
