Peace in West Asia would be a relief but India can’t afford to slouch back on securing its economy
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Summary
Progress on peace in West Asia calls for a guarded welcome. Regardless of the outcome, however, we must still address the three Fs that India’s finance minister spoke of last month: fuel, fertilizer and foreign exchange. India must cover its bases.
Key Facts
Type Policy
Source Livemint - Opinion
Published Wednesday, 17 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Agri budget: Rs 1.52 lakh crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right