In a recent conversation with NDTV, Dr. Ashok Lahiri, Vice Chairman of NITI Aayog and former Chief Economic Adviser to the Government of India, expressed strong support for Prime Minister Narendra Modi's appeal for responsible consumption and energy conservation. This appeal, made during public addresses, encourages citizens to adopt practices such as working from home, carpooling, and reducing non-essential foreign exchange outflows. The initiative is particularly pertinent given the ongoing crisis in the Middle East, which threatens global oil supplies and has led to increased energy prices, impacting India's import bill and foreign exchange reserves. Dr. Lahiri characterized this appeal as a 'timely precautionary measure' aimed at softening the potential economic blow from supply shocks. He emphasized the need for prudent demand management in light of India's heavy reliance on imported oil. To further address rising construction costs and import dependence, NITI Aayog has recommended a two-year ban on major construction projects across the country, including the reconstruction of key ministerial buildings. This advisory reflects the government's proactive approach to managing economic challenges and promoting self-reliance.