In light of the ongoing war in the Middle East and the crisis in Iran, PM Narendra Modi has drawn attention to a significant speech given by former Prime Minister Jawaharlal Nehru in 1951, when he attributed rising prices and inflation to external factors such as the Korean War. Modi highlighted Nehru's assertion that inflation had two primary causes: one that was beyond India's control, like international conflicts, and the other, within India's control, such as black marketing. This statement underscores the historical context of economic challenges the country has faced due to geopolitical issues.

During an event in Assam, where the PM was releasing funds for farmer support, he reminded the audience of Nehru’s observations on the impact of external events on the Indian economy. Modi was pointing out that just as Nehru had to contend with international crises affecting domestic prices, today’s government also faces similar challenges amid rising energy prices attributed to global tensions.

Modi's comparisons offer critical insight into the government's strategies regarding self-reliance and support for farmers. He emphasized that while the BJP-led NDA government is focused on empowering farmers and increasing self-sufficiency, the current opposition, led by Congress, has failed to address these pressing issues, especially during a time of crisis. This historical reference serves to contextualize current debates, illustrating how economic challenges linked to global circumstances have persisted across decades in Indian governance.