Will petrol and diesel become costlier in India if we stop buying oil from Russia? What Nirmala Sitharaman told?
Nirmala Sitharaman buying oil from Russia: While the government is calling the India-US trade deal a major achievement, the opposition has termed it a compromise with farmers and the country. In an interview with a news channel, Finance Minister Nirmala Sitharaman answered all the related questions. She was asked if petrol and diesel would become more expensive in our country if India stops buying oil from Russia,
Finance Minister Nirmala Sitharaman replied that Prime Minister Narendra Modi will not do anything against the interests of this country. I am not giving a direct answer to this. I have complete faith in PM Modi that whatever he does will be in the best interest of the country.
Speaking on the Union Budget 2026, the Finance Minister said that the entire budget allocated is utilized. The government has presented a budget for the future. We have planned for 25 years. During the interview, she said that expenditure depends on the capacity of each state. The benefits of last year's income tax are being received this year. Inflation is under control in our country.
Jobs will be created in the Rare Earth Corridor
Nirmala Sitharaman said that the banking situation in India is strong. The participation of the country's people is essential in every scheme. The government's objective is to promote small industries. Self-reliance is our priority. The Finance Minister said that "jobs will be created in the Rare Earth Corridor. Our government has taken many strong decisions for MSMEs. There are 7 such sectors that have a significant role in making India self-reliant."
Speaking about the Indian economy, the Finance Minister said that our economy is very strong at this time. The IMF and the World Bank have said that India's growth is very good.
Interests of the agriculture and dairy sectors will be protected
Regarding the statement of US Agriculture Secretary Brooke Rollins, Nirmala Sitharaman said that the trade deal has not been finally signed yet; when it is, the details will be clear. Commerce Minister Piyush Goyal has clarified that the interests of the agriculture and dairy sectors will be protected. Our minister made this statement clear in Parliament. The rest will be decided after the final agreement.
