Modi Government’s Fiscal Prudence Amidst Global Crisis | Oneindia Telugu

India has shown fiscal prudence amidst the global oil and urea crisis caused by the Russia-Ukraine conflict. The Modi government’s diplomatic efforts ensured a steady supply of essential commodities despite disrupted supply chains. However, the cost of maintaining stable oil and urea prices through subsidies has impacted other critical areas like job creation and infrastructure. While short-term relief has been achieved, India is also gradually moving towards self-reliance to secure long-term stability in these sectors.
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