Home/Latest/Today News/Stating that India's policy response has been calibrated to preserve domestic growth, FM said the cut in diesel and petrol excise duties will lead to a revenue impact of ₹1 lakh crore
Nirmala Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism
Updated - May 25, 2026 04:28 pm IST - Mumbai
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By Rasmi Ranjan KhuntiaPublished: May 26, 2026, 02:22 PM • 1 min read

Union Finance Minister Nirmala Sitharaman on Monday (May 25, 2026) called for increased focus on 3Fs- fuel, fertiliser and forex - amid the West Asia crisis, underlining that the domestic economy continues to be resilient.
Speaking at an event to celebrate the 37th anniversary of SIDBI here, the FM hit out at naysayers for creating a cynical and pessimistic narrative after PM Narendra Modi's appeals on altruism, pointing out that India cannot afford fearmongering and that giving the confidence to people is necessary.
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