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No Panic Needed: BJP's Gaurav Vallabh on India's Resilient Economy

Amid swirling global uncertainties, BJP spokesperson Gaurav Vallabh reassures that India's economy remains rock-solid. Speaking to media, he unpacked PM Modi's austerity measures as a strategic...

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May 15, 2026
06:11 AM
No Panic Needed: BJP's Gaurav Vallabh on India's Resilient Economy

Amid swirling global uncertainties, BJP spokesperson Gaurav Vallabh reassures that India's economy remains rock-solid. Speaking to media, he unpacked PM Modi's austerity measures as a strategic response to external shocks, not internal weakness. Geopolitical flashpoints – from Middle East flares to the Ukraine stalemate and Sino-US trade frictions – have jacked up commodity prices and strained supply lines worldwide. India, reliant on imports for most fuel and gold, faces elevated costs. Yet, Vallabh stresses preparedness: ample reserves, diversified diplomacy with Russia, US, EU, and West Asia ensure supply security. PM Modi's personal example – shrinking his convoy and cutting import-heavy usage – sets the tone. Vallabh challenges opposition leaders to follow suit, ditching luxury foreign jaunts for Indian destinations like Jaisalmer or Kerala. A 10% collective cut in fuel and gold buys could shield forex outflows massively. India's ascent is undeniable: fourth-largest economy by PPP, fastest-growing major economy, poverty reduction for 80 million, financial inclusion for 400 million. No lockdown fears, no shortages – just smart conservation. Vallabh slams Rahul Gandhi's 'dead economy' rhetoric as unpatriotic, citing strong macros ahead. Congress states like Karnataka, Himachal, and Telangana are the real worry, burdened by populist promises and crumbling finances. On internal party dissent, Vallabh notes Congress's electoral flops in Assam and Bengal. Regarding Pawan Khera's baseless accusations against a woman, he insists on judicial reckoning. Vallabh envisions agriculture, industry, and services powering through. '140 crore Indians united can conquer any global headwind,' he concluded, urging positivity over partisanship.

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