PM Modi: Govt absorbing ₹14,000 crore monthly burden amid oil crisis

Addressing the India Today-organised Kisan Tak Bharat Agriculture Conference 2026, Prime Minister Narendra Modi highlighted India's agricultural growth, stating that the sector has recorded an average annual growth of over 4% in the last decade. He emphasised India's global leadership in the production of milk, pulses, jute, rice and millets, alongside rising output of eggs, fish, honey and horticultural crops. He also highlighted annual agricultural exports exceeding ₹4 lakh crore and various government initiatives to support farmers. Referring to the West Asia conflict and its impact on crude oil prices, PM Modi said the government was absorbing a significant financial burden to shield farmers from a steep diesel price hike.