Overview
- CII, which on Sunday released a 12-point plan for companies, praised the government’s swift and well‑calibrated steps to steady the economy during the West Asia conflict.
- Following last week’s tax moves on fuel, the plan builds on cuts to petrol and diesel excise duty and a new levy on diesel and jet fuel exports meant to keep domestic prices stable and supplies intact.
- CII urged firms to create strategic reserves for critical raw materials and fuels, use shared stockholding and better data, and diversify suppliers to cut exposure to energy and shipping choke points.
- The group asked businesses to pass lower fuel and transport costs through to customers to help contain inflation and to keep confidence in pricing.
- CII also pressed for faster investment in renewables, green hydrogen, and energy efficiency, tying long-term resilience to cleaner power as officials warn growth could be strained by higher energy and logistics costs.