PM Modi warns of ‘return of massive poverty’, flags ‘disaster decade’ of Covid, wars, fuel crisis
PM Modi has warned that the world is facing a 'disaster decade' due to the cumulative effects of the Covid pandemic, ongoing wars, and an energy crisis. He emphasized that if these issues are not addressed, significant progress against poverty could be reversed. Modi's remarks come amid rising economic anxiety and recent fuel price hikes in India.
- ▪PM Modi described the current decade as a period of compounding catastrophe due to Covid, wars, and an energy crisis.
- ▪He warned that inaction could push a large section of the global population back into poverty.
- ▪The Indian government recently raised fuel prices after four years, which is expected to impact household expenses and inflation.
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PM Modi warns of ‘return of massive poverty’, flags ‘disaster decade’ of Covid, wars, fuel crisis“First came corona; then wars started; and now there is an energy crisis. This decade is turning into a decade of disasters,” Modi said in Netherlands.Updated on: May 16, 2026 8:26 PM ISTWritten by Aarish ChhabraShare viaCopy link Indian Prime Minister Narendra Modi delivered one of his starkest warnings yet about the state of the global economy on Saturday, telling the Indian diaspora in the Netherlands that decades of hard-won progress against poverty stood at serious risk if the world's cascading crises were not urgently reversed.Indian Prime Minister Narendra Modi during his visit to the Netherlands, at The Hague on May 16, 2026.
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