Chandrababu Naidu Supports PM Modi's Call to Strengthen India's Foreign Currency Reserves
Andhra Pradesh Chief Minister Chandrababu Naidu has voiced strong support for Prime Minister Modi's initiative to bolster India's foreign currency reserves. Speaking at the CII Annual Business Summit, he emphasized the importance of self-reliance and resource conservation in light of current geopolitical challenges. Naidu highlighted several measures proposed by Modi, including energy conservation and a shift towards natural farming. He urged business leaders to embrace these reforms as a national mission, asserting that overcoming these challenges will ultimately strengthen India's position on the global stage. This call to action reflects the need for collective responsibility in addressing economic issues.
| May 11, 2026, 19:35 IST
Support for Strengthening Foreign Currency Reserves
On Monday, Andhra Pradesh Chief Minister Chandrababu Naidu expressed strong support for Prime Minister Modi's appeal to enhance India's foreign currency reserves, urging everyone to adopt this initiative as a mission. Speaking at the CII Annual Business Summit in Delhi, he emphasized that the current geopolitical climate serves as a reminder for the nation to focus on self-reliance and resource conservation. This information was shared by the Andhra Pradesh Chief Minister's Office.
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Referring to the national mission highlighted by Prime Minister Modi, Chief Minister Naidu shed light on several crucial measures proposed to tackle emerging global challenges. Echoing the Prime Minister's call, he noted that Modi has urged the public to postpone gold purchases, promote energy conservation, encourage the use of public transport, adopt a work-from-home culture, reduce fertilizer consumption, and shift towards natural farming.
Naidu stressed the necessity of these measures in the current global scenario, which is plagued by fuel and energy crises due to international conflicts. He pointed out the rising costs of LPG, petrol, and diesel, indicating that even countries not directly involved in wars are facing repercussions. In this context, he mentioned that working from home has become a practical solution, as technology now allows people to work efficiently from anywhere.
According to a statement, while addressing the industrialists present at the summit, particularly the business magnates, Chief Minister Naidu urged them to view these reforms and conservation measures not merely as the Prime Minister's responsibility but as a national mission. He expressed confidence that every crisis brings new opportunities and emphasized that after overcoming the current global challenges, India will emerge stronger and become invincible on the global stage. Speaking to reporters in Delhi, Naidu stated that the Prime Minister has framed this as a national mission due to the geopolitical situation, and it is imperative for everyone to adhere to these principles.