Prime Minister Narendra Modi has urged citizens to save fuel and reduce dependence on foreign products in a bid to conserve India’s foreign exchange reserves amid the ongoing West Asia crisis. Addressing the nation on May 11, 2026, Modi emphasized that responsible consumption and prioritizing indigenous goods are vital to safeguard India’s economic stability during global uncertainty.
Highlighting the surge in crude oil prices due to regional tensions, Modi appealed to people to adopt fuel-efficient practices, minimize unnecessary travel, and support renewable energy initiatives. He stressed that every litre of fuel saved contributes directly to strengthening India’s forex reserves and reducing vulnerability to external shocks.
Modi also called for greater use of locally manufactured products, underlining that reducing imports will not only protect foreign exchange but also boost domestic industries and employment. He linked this appeal to the broader vision of “Viksit Bharat 2047,” where self-reliance and sustainable consumption are key pillars of national progress.
The Prime Minister’s remarks come at a time when crude oil prices have crossed $126 per barrel, straining India’s import bill. His message reinforces the government’s push for energy security, Atmanirbhar Bharat, and resilient economic growth amid global volatility.
