Post by : Shakul

Narendra Modi has appealed to Indians to avoid buying gold for weddings for one year due to rising global oil prices and increasing economic pressure linked to the ongoing West Asia conflict. The Prime Minister said India must focus on saving foreign exchange reserves as concerns grow over disruptions around the Strait of Hormuz, a key global oil transport route. Rising crude oil prices are expected to increase India’s import burden because the country depends heavily on imported fuel.

PM Modi also urged citizens to reduce fuel consumption and support the national economy during the current global uncertainty. He encouraged companies to adopt work-from-home practices wherever possible to reduce petrol and diesel use. Citizens were also asked to avoid unnecessary travel and support local products instead of imported goods. Experts say rising oil prices can increase inflation, transportation costs and pressure on the Indian economy, especially during periods of international conflict and market instability.

The appeal has triggered discussions across business and social sectors, especially among jewellery traders and wedding-related industries where gold demand is traditionally high. While many people supported the Prime Minister’s call as a step in national interest, others questioned how much impact reducing gold purchases would have on the economy. Officials said public cooperation and responsible spending can help India manage economic challenges more effectively during global crises.

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