India’s forex satyagrah: The design must match ambition
15-05-2026
Prime Minister Narendra Modi’s appeal last week, with its eleven specific requests spanning fuel, gold, fertillisers, cooking oil, solar pumps, and foreign travel, is being read by many as a prelude to administered price hikes. But there is a larger ambition visible in the speech. It is to make forex conservation a genuine national movement, a civic mobilisation comparable in spirit, if not in form, to Mahatma Gandhi