Sharad Pawar Urges Unity Amidst Economic Austerity Appeals
Pawar said the government should reassure citizens and consult party leaders and experts after Modi warned of economic fallout from the West Asia conflict.
- On Tuesday, Nationalist Congress Party president Sharad Pawar warned that Prime Minister Narendra Modi's sudden austerity appeal signals long-term economic impacts amid West Asia conflict instability.
- Prime Minister Modi recently urged citizens to reduce fuel, gold, and edible oil use, an unexpected advisory creating "an atmosphere of unease" among investors and the public sector.
- Citing the "seriousness" of this issue, Pawar demanded the Prime Minister convene an all-party meeting and consult prominent economists to address the emerging economic instability.
- Maharashtra Chief Minister Devendra Fadnavis defended the Prime Minister's measures, noting that global supply chains are choked and dismissing criticism as lacking understanding of the situation.
- Estimates suggest nearly 1.5 lakh crore has exited Indian markets recently; Maharashtra Navnirman Sena chief Raj Thackeray questioned how the appeal might further impact foreign institutional investments.
11 Articles
11 Articles
Sharad Pawar Urges Unity Amidst Economic Austerity Appeals
Sharad Pawar has responded to Prime Minister Narendra Modi's austerity appeals, warning of potential impacts on the economy and public sentiment. Pawar advises an all-party meeting to discuss the implications and suggests a collaborative approach to national policy, emphasizing public confidence and economic stability amidst the West Asia conflict.
Times of India
The Economic TimesAusterity appeal: Sharad Pawar urges PM Modi to convene all-party meet
NCP (SP) chief Sharad Pawar has called for an all-party meeting. He wants to discuss the economic impact of Prime Minister Narendra Modi's austerity appeal. Pawar believes the appeal has caused unease among citizens and businesses. He stressed the need to restore public confidence and ensure stability. The government should consult all political parties on national interest decisions.
PM Modi has called for austerity: The Northeast already lives in it
Prime Minister Narendra Modi’s austerity call — cut fuel use, avoid foreign travel, postpone gold purchases, switch to electric vehicles and embrace “Vocal for Local” — is being projected as a national economic response to the spiralling geopolitical crisis in West Asia. But for India’s Northeast, the message carries an uncomfortable undertone: a region that […] The post PM Modi has called for austerity: The Northeast already lives in it appeare…
Sharad Pawar: Sharad Pawar Appealed to PM Modi to Call an All-Party Meeting on the West Asia Crisis.
Said- It is necessary to include all parties in the decision-making process in matters of national interest Sharad Pawar, (Aaj Samaj), New Delhi: NCP (SP) chief Sharad Pawar appealed to PM Narendra Modi to call an all-party meeting on the West Asia crisis. Pawar wrote on X-ray - PM Modi has appealed to the public not to buy gold and to spend less on petrol and diesel. This could have a long-term impact on the economy. These announcements have in…
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