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The Economic Times

Economy / The Economic Times

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After winning poll battles, Modi has picked up a new fight

Amidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel consumption, postpone gold purchases, and cut edible oil use aims to protect foreign exchange reserves and curb inflation. This wartime economic advisory signals a shift towards collective sacrifice for national economic stability.

11 May 2026 1:16 pm