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The Economic Times

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PM Modi flags import costs, supply fears amid austerity call

Prime Minister Narendra Modi has called for austerity measures to navigate the West Asian crisis. He urged citizens to minimize private vehicle use, embrace public transport, and carpool. Offices should prioritize virtual meetings, and schools can opt for online classes. Reduced consumption of edible oil and gold is also advised until the situation stabilizes.

12 May 2026 12:46 am