ReferIndia News ‘Call of the hour, not doomsday’ – Top Industry voices back PM Modi’s austerity push, jewellers say ‘we may have to shut shop’

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‘Call of the hour, not doomsday’ – Top Industry voices back PM Modi’s austerity push, jewellers say ‘we may have to shut shop’

Published on: May 13, 2026, 11:33 a.m. | Source: The Financial Express

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.

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