'Wartime Fuel Policy': Shamika Ravi Explains PM Modi's Austerity Call
Prime Minister Narendra Modi's recent appeal for austerity - urging Indians to cut back on gold purchases, foreign travel and unnecessary fuel consumption - has triggered a nationwide debate on the state of the economy and the impact of global tensions on India.
In an exclusive conversation with NDTV, economist Shamika Ravi, Member of the Prime Minister's Economic Advisory Council, explained the reasoning behind the Prime Minister's call and why India may need to prepare for a prolonged global crude oil shock.
