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Chandrajit Banerjee: why the Prime Minister's call is more about resilience than austerity

The author views PM Modi's call for expenditure cuts as a timely appeal for efficiency and national strength, not panic or austerity. Emphasizing common sense conservation, the article urges businesses to adopt measures like fuel efficiency, EV adoption, renewable energy use, and supporting MSMEs. These steps, including disciplined energy management and reduced waste, enhance competitiveness and resilience against global volatility. India's decade-long efforts in energy diversification underpin this proactive strategy. The author advocates for smart investment and growth with less waste, highlighting that individual and enterprise choices build national resilience and strengthen India's growth story.

LiveMint · Chandrajit Banerjee · May 21, 2026 at 6:31 AM

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