Finance Minister Nirmala Sitharaman urged stronger focus on fuel security, fertiliser availability and foreign exchange stability while highlighting India’s economic resilience amid the ongoing West Asia conflict and rising global uncertainty.

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• Finance Minister Nirmala Sitharaman emphasized the importance of focusing on the “3Fs” — fuel, fertiliser and forex — during the ongoing West Asia crisis.
• She stated that India’s economic policies have been carefully calibrated to protect domestic growth despite global geopolitical tensions.
• Sitharaman said the government’s reduction in petrol and diesel excise duties would create a revenue impact of nearly ₹1 lakh crore.
• The Finance Minister stressed that maintaining fuel supply stability and adequate fertiliser availability remains crucial for India’s economy and agriculture sector.
• She highlighted the importance of strong foreign exchange reserves in managing currency volatility and external economic pressures.
• Sitharaman criticized pessimistic narratives and fearmongering, saying India needs confidence-driven economic messaging during challenging global conditions.
• She made the remarks while addressing the 37th Foundation Day event of the Small Industries Development Bank of India (SIDBI) in Mumbai.
• The government continues to monitor global crude oil prices and geopolitical developments affecting energy and trade security.