mid-day Opinion: Make austerity a part of governance
Updated On: 16 May, 2026 07:29 AM IST | Mumbai | Sanjeev Shivadekar
A culture of responsibility and fiscal discipline is required not only in times of crisis, but round the clock, because a nation does not become stronger only by earning more. It becomes stronger by wasting less

Chief Minister Devendra Fadnavis (right) rides a motorcycle from Varsha to Vidhan Bhavan and Mantralaya on Thursday as a symbolic gesture backing Prime Minister Narendra Modi’s austerity appeal. Pic/Sayyed Sameer Abedi
Calling for austerity during a crisis is not a new idea in India. In the early 1960s, Jawaharlal Nehru urged citizens to conserve resources during a difficult period for the country. A few years later, Lal Bahadur Shastri called for sacrifice and self-discipline. In the 1970s, amid economic stress and the global oil crisis, Indira Gandhi asked people to reduce consumption and practise restraint.
Decades later, in the early 2010s, under Prime Minister Manmohan Singh, then-Finance Minister P Chidambaram urged people to curb gold purchases to help reduce India’s current account deficit and ease pressure on the rupee.
How do you like the new new mid-day.com experience? Share your feedback and help us improve.

