Hyderabad: With the ongoing West Asia crisis triggering fears of a global energy disruption, Prime Minister Narendra Modi on Sunday appealed to citizens to exercise restraint in the use of petrol, diesel and other petroleum products in order to protect India’s economy and conserve valuable foreign exchange reserves.
In a speech in Hyderabad, Prime Minister Modi said that high global fuel prices and supply issues make it necessary for everyone to save energy. He asked citizens to act responsibly by driving less, using public transport, carpooling, and working from home to help the country.
The Prime Minister also advised citizens to avoid non-essential foreign travel, overseas weddings, and unnecessary gold purchases for at least a year, stating that these measures could significantly help in preserving the country’s foreign exchange reserves during a period of global uncertainty.
According to officials and economic experts, the prolonged tensions in West Asia and disruptions around the Strait of Hormuz — a critical global oil transit route — have sharply affected international energy markets. India, being one of the world’s largest crude oil importers, remains vulnerable to rising oil prices and supply interruptions.
PM Modi highlighted the government’s plan to stop relying on imported fuel, which includes using green energy, cleaner fuel for vehicles (ethanol, CNG), electric cars, and solar-powered farming tools. He also advised companies to use trains instead of trucks for transporting goods to save on diesel.
The Prime Minister further linked fuel conservation with patriotism, saying responsible consumption during global crises is essential for national stability. He asked citizens to support the ‘Make in India’ initiative by prioritising domestically manufactured products over imports.
Economists have warned that continued geopolitical instability in West Asia could increase inflationary pressure in India by driving up fuel, transportation and commodity costs. Reports indicate that the Indian rupee and foreign exchange reserves are already under pressure due to higher import expenses and volatile global markets.
Meanwhile, Maharashtra Chief Minister Devendra Fadnavis also backed the Prime Minister’s appeal, cautioning that irresponsible fuel consumption could eventually lead to shortages if the global crisis deepens further.
Government officials maintain that India’s fuel supplies remain stable for now, but stress that public cooperation and energy-saving measures will play a crucial role in minimising the economic impact of the ongoing international crisis.
