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Oil Minister Backs PM’s Austerity Speech; Fiscal Measures Imminent If War Continues

Oil Minister Backs PM’s Austerity Speech; Fiscal Measures Imminent If War Continues

Business Today
Business Today
  • New Delhi,
  • May 13, 2026,
  • Updated May 13, 2026, 2:23 PM IST

Minister Hardeep Singh Puri defends the Prime Minister’s call for austerity, describing it as a visionary roadmap for economic stability. He warns that if global conflicts persist, the government may be forced to implement strict fiscal measures to contain rising economic strain and protect the national budget.

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