00:00Talking about how Prime Minister Modi's diplomacy has helped in order to bring the economy or at
00:07least keep the economy on track as far as the procurement of oil from Russia was concerned.
00:13In your opinion, do you think that this is a victory for Modi's diplomacy and in times of war
00:21when everything is going sky high, Prime Minister Modi has managed to at least give those subsidies
00:28on oil or other products and keep the prices under check no matter it is becoming costly
00:34in the global market? Pankaj ji, I would definitely put a good word as far as Mr.
00:40Modi's diplomacy is concerned. He has been talking to USSR. He has been visiting over there. He has
00:46been having a direct interaction with them. And as far as the foreign minister is concerned,
00:51he has also been talking to them. So I think the government has done a reasonably good job
00:58as far as the import of crude oil from Russia is concerned. And I think during this situation,
01:06if this continues, India will be definitely benefited. The best part would have been had
01:12they accepted the payment of the crude oil in the rupee terms instead of ruble or dollar.
01:18I think that would have been a real big benefit for India. But this is all Pankaj ji coming at a,
01:26you know, diplomacy is such a thing that you make the good relations with one person,
01:32the other person naturally gets annoyed. Your dependence on Russia is not seen very favorably
01:41as far as the American bloc is concerned or the Middle East is concerned. So these things have
01:47got their own price. But what Mr. Modi has done has done in the interest of his nation, his country
01:54to get a cheaper crude oil and benefit the citizens at large.
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