In this exclusive interview on DD India NewsHour, economist Dr. Amit Kapoor analyzes Prime Minister Narendra Modi’s appeal for reduced fuel consumption, greater use of public transport, and cuts in non-essential imports like gold and foreign travel amid the ongoing West Asia crisis. He explains how global oil supply disruptions—driven by tensions in the Strait of Hormuz—are impacting fuel prices, the Indian rupee, inflation, and foreign reserves. Dr. Kapoor highlights that India’s response is not just a short-term economic adjustment but a broader reform-oriented push toward Atmanirbhar Bharat (self-reliant India), boosting domestic manufacturing, reducing import dependence, and strengthening long-term growth. He also discusses how Swadeshi consumption, energy conservation, and structural reforms could support India’s goal of becoming the world’s third-largest economy while maintaining resilience amid global instability.
