Prime Minister Narendra Modi on Monday emphasised the need for responsible crude pricing at the India Energy Forum, and said the country is looking to ensure energy justice. Modi was addressing the virtual India Energy Forum by CERAWeek.
Modi said India believed that access to energy must be affordable and reliable. “That is when socio-economic transformations can take place. We view the energy sector as one that empowers people and furthers ‘Ease of Living’,” he said.
Modi said transparent and flexible markets for both oil and gas were required to ensure this. “For too long, the world has seen crude prices on a roller-coaster. We need to move towards responsible pricing,” said he.
