‘Call of the hour, not doomsday’ – Top Industry voices back PM Modi’s austerity push, jewellers say ‘we may have to shut shop’
- Posted on May 13, 2026
- By Financial Express
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- 1 min read
‘Call of the hour, not doomsday’ – Top Industry voices back PM Modi’s austerity push, jewellers say ‘we may have to shut shop’
As tensions in West Asia push crude oil prices above $100 per barrel, PM Modi has urged Indians to adopt austerity measures ranging from carpooling and work-from-home to limiting foreign travel. The appeal has drawn support from top business leaders but also fierce political criticism.