Modi inaugurates ₹9,400 cr projects in Telangana, urges austerity

Prime Minister Narendra Modi inaugurated development projects worth 9,400 crore rupees in Telangana on Sunday, urging citizens across India to adopt austerity measures amid rising global oil prices triggered by tensions in West Asia.

Speaking at an event in Hyderabad, Modi unveiled initiatives including the four-laning of National Highway 167 from Gudebellur to Mahabubnagar, the development of Zaheerabad Industrial Area as an industrial smart city, sections of the Kazipet-Vijayawada railway multitracking project, a greenfield petroleum terminal, a Kazipet rail underpass and bypass, and the Kakatiya Mega Textile Park in Warangal. Officials described the 1,700 crore rupee textile park, India's first fully operational PM MITRA Park, as a boost to manufacturing, connectivity and job creation.

Modi tied the austerity call to oil price increases of nearly 4 percent to around 105 dollars per barrel near the Strait of Hormuz, where India imports over 90 percent of its crude oil. He recommended reducing petrol and diesel use through public transport, metro services, carpooling, electric vehicles and work-from-home arrangements. Additional steps included postponing nonessential gold...