Know Why Nirmala Sitharaman Is Asking You To Make ‘Three Fs’ A Mantra

本站添加: 2026-05-26

[00:00:00]The context of these three F's three F's fuel, fertilizer, and foreign exchange.

[00:00:10]The West Asia crisis not only is a diplomatic or a geopolitical issue.

[00:00:19]For businesses and common people it can mean higher fuel cost delayed cargo costlier shipping shortage of inputs pressure on working capital and uncertainty in export orders. Just imagine all of them coming together because of that West Asia crisis. What is the uh sense of uncertainty this that small unit will feel and will they be in a position to make some kind of a plan?

[00:00:55]It's a big challenge even for countries.

[00:00:58]Not just for India, for many other and in that context therefore, what is the kind of what is the depth of challenge for those MSMEs?

[00:01:08]The approach therefore has been and will have to be to protect citizens support MSMEs safeguard exporters keep supply chains moving and maintain economic stability.

[00:01:25]And that is why Honorable Prime Minister giving a call to conserve foreign exchange as far as possible is very important in this context.

[00:01:39]I I will dwell on that for a minute because that's led to a lot of narrative all around the country. We need to understand the context in which the PM made this call.

[00:01:51]It is because of high international crude prices and the high crude prices such ever changing it's seriously dynamic.

[00:02:03]One rate at one point in time within a week another within a week another and so on like that it has been for over now 80 90 days.

[00:02:18]So high international crude prices and very fluctuating one high international fertilizer prices unimaginably increase in the fertilizer prices high gold prices that is creating some challenges on the external front.

[00:02:37]To just put it in a in context all these three payments will have to be in foreign exchange. There is no rupee trading there.

[00:02:49]We should please understand the context of these three F's.

[00:02:56]Three F's fuel fertilizer and foreign exchange.

[00:03:02]And the foreign exchange is for in this context purchase of gold.

[00:03:09]So we need to understand this and we also should appreciate that the challenges are more external driven.

[00:03:18]We must also recognize that India's domestic economic situation remains positive and resilient even today.

[00:03:28]For therefore those naysayers who jump into the scenario as it were and say oh my god you look around yourselves it's all falling down it's crumbling it's going to hit you.

[00:03:47]There is a section I would think of Indians who very quickly want to decry the achievements of our own people.

[00:03:58]And therefore, for all the good that that is being done by the common people themselves, that is forgotten. And a pessimistic cynical narrative is generated, which is just not right. It's not right is one thing, but it is wrong because it is fear-mongering.

[00:04:17]India cannot afford fear-mongering. We need to give confidence to the people with our words and with our action. And that's what you're seeing at various levels. And today you're seeing it through SIDBI as well.

[00:04:31]So, India continues with the robust economy. I'll give you data.