Modi says fossil-fuel dependence will keep disrupting global economy
In short
Prime Minister Modi said overdependence on fossil fuels will keep disrupting the global economy. He also said the renewable energy sector has drawn over ₹15 lakh crore, or $164 billion, in the past decade.
This matters because it points to support for cleaner energy and more investment in renewables. The report does not say what new policy steps, if any, will come next.
What the reporting says
Prime Minister Modi said overdependence on fossil fuels will continue to disrupt the global economy, according to the publisher summary. He also noted that the renewable energy sector has attracted over ₹15 lakh crore, or $164 billion, over the past decade. The immediate implication is a policy message favoring cleaner energy, while the reporting does not say what specific measures, if any, will follow.
Why it matters
Prime Minister Modi said overdependence on fossil fuels will continue to disrupt the global economy, according to the publisher summary. He also said the renewable energy sector has attracted over ₹15 lakh crore, or $164 billion, over the past decade. The statement links fossil-fuel dependence with economic risk and highlights renewable investment, but the reporting does not specify any policy decision or market reaction.