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Fuel price hike sparks debate on India's economic reality

India Can't Afford Fear Mongering, Says FM, as Govt May Lose Rs 1 Lakh Cr Revenue The latest fuel price hike has reignited a familiar debate in India – one pitting economic reality against the politics of confidence building.

Union Finance Minister Nirmala Sitharaman echoed Prime Minister Narendra Modi's approach to managing external shocks by urging Indians not to give in to fear mongering.

In a speech at SIDBI's 37th anniversary event, Sitharaman emphasized building confidence through words and actions.

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