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Modi urges India to embrace pandemic austerity to shield forex from West Asia shocks
Politics
Published on 11 May 2026
He wants petrol diesel and some gold consumption cut
Prime Minister Narendra Modi has urged Indians to adopt a “pandemic-era” austerity mindset amid fuel and supply chain disruptions linked to the West Asian conflict. He called for reduced consumption of petrol, diesel and non-essential gold, and for people to skip foreign holidays and destination weddings to conserve India’s foreign exchange reserves.
- Modi compares the current moment to Covid-era austerity
- Calls for lower petrol and diesel use to manage disruptions
- Urges cutting non-essential gold and foreign spending
- Asks people to avoid destination weddings and holidays abroad
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times