PMO official says India must cut oil and gas import dependence
In short
A PMO official said India’s economy is holding up well even with global uncertainty. The report says Shaktikanta Das pointed to strong domestic demand and active industry and services, but also said India must reduce its reliance on oil and gas imports.
This matters because cheaper or less risky energy imports can support growth, but the reporting does not give any plan, target or date for action.
What the reporting says
A PMO official said India’s economy remains stable despite global uncertainty, citing strong domestic demand and active industrial and services sectors. The same report says Shaktikanta Das said India needs to reduce dependence on oil and gas imports. No policy step, timeline or target is stated in the available reporting, so the immediate economic effect is unclear.
Why it matters
A PMO official, identified in the summary as Shaktikanta Das, said India’s economy is stable despite global uncertainty and that domestic demand, industry and services are supporting growth. The same report says India still needs to cut reliance on oil and gas imports. The available reporting does not state what policy response, if any, is being considered, or when it might happen. The implication is broader macro resilience and energy dependence.