Embracing Austerity: Maharashtra's Path Amid Global Crisis
Maharashtra CM Devendra Fadnavis endorses PM Modi's austerity call in response to the West Asia crisis, highlighting efforts to conserve foreign exchange and cut costs. His government is implementing measures to mitigate impacts, including reducing expenses and using indigenous products, amid spiraling global economic uncertainty.
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Maharashtra Chief Minister Devendra Fadnavis has thrown his weight behind Prime Minister Narendra Modi's push for austerity amidst a mounting crisis in West Asia.
Fadnavis emphasized the importance of the Prime Minister's suggestions, specifically regarding the conservation of foreign exchange. He disclosed that the Maharashtra government has already taken steps to reduce expenditure on security convoys and foreign travel.
The Chief Minister also encouraged using local products to bolster the economy and adapt to global uncertainties. Furthermore, Fadnavis praised the Union Cabinet's decision to upgrade Nagpur International Airport, thanking the Prime Minister for clearing the project's way.
(With inputs from agencies.)
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