Modi urges limits on fuel use, travel and imports to save forex


India's Prime Minister Narendra Modi greets his supporters as he arrives at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, May 4, 2026. REUTERS/Adnan Abidi/File Photo

May 10 (Reuters) - Indian ⁠Prime Minister Narendra Modi on Sunday urged a ⁠spate of measures including fuel conservation, work-from-home practices ‌and limits on travel and imports, as a surge in global energy prices puts pressure on the country's foreign exchange reserves.

• People ​should prioritise a return to work-from-home ⁠and online meetings, widely ⁠adopted during the COVID-19 pandemic, saying it would help India ⁠use ‌less fuel, Modi said.

• "In the current situation, we must place great emphasis on saving foreign ⁠exchange," he said.

• Modi also asked people to ​use public ‌transport such as the metro and to carpool ⁠where possible ​to conserve fuel.

• India, the world's third-biggest oil importer and consumer, late last month said there was no proposal to ⁠raise pump prices for diesel and ​gasoline, leaving it among the countries yet to raise prices despite the global surge.

• Modi urged people to avoid ⁠buying gold — which India spends on heavily during weddings — and to cut non-essential overseas travel for at least a year to save foreign exchange.

• He called on ​families to reduce cooking oil consumption, ⁠describing that move as both healthy and patriotic.

• Modi ​also asked farmers to cut fertilizer ‌use by as much as ​half.

(Reporting by Praveen Paramasivam in Chennai and Saurabh Sharma in New Delhi; Editing by Ros Russell)

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