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'PM Modi isn't asking people to stop spending, but to spend wisely', claim reports
short by Daisy Mowke / on Wednesday, 13 May, 2026
PM Narendra Modi recently urged people to conserve fuel, adopt work-from-home, and reduce avoidable foreign-exchange outflows. Government sources said describing these as "austerity measures" is incorrect and economically misleading. According to clarification, austerity typically refers to policies involving cuts in public expenditure, fiscal tightening and reductions in welfare commitments.
read more at Hindustan Times