‘India Cannot Afford Fearmongering’: Sitharaman Urges Focus on Fuel, Fertiliser and Forex as West Asia Crisis Pushes Up Oil Prices

Brief by Shorts91 Newsdesk / 01:08pm on 25 May 2026,Monday India Global

Finance Minister Nirmala Sitharaman said the government is closely monitoring the impact of the West Asia crisis on India’s economy. She said rising fuel and fertiliser prices have become major concerns. “India cannot afford fearmongering. We need to give confidence to the people with our words and actions,” Sitharaman said at a SIDBI event. She added that the government is focusing on the “3Fs” — fuel, fertiliser and foreign exchange reserves. The minister also warned about delayed MSME payments and said India’s economic challenges are mostly being driven by global events, not domestic weakness. (PC: X/@nsitharamanoffc)

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