India will continue to make its own decisions regarding energy procurement, prioritizing national needs and interests, regardless of external pressures. Finance Minister Nirmala Sitharaman has affirmed the country's stance on purchasing Russian oil, emphasizing that the source of oil and energy policies will be determined by India itself.

Sitharaman highlighted the importance of maintaining fiscal discipline and building public trust for long-term economic progress. She noted that there are "no shortcuts to earning profits" and that earning the people's trust is essential for achieving sustainable growth through responsible policies.

India's approach to Russian oil imports has faced scrutiny, with some critics, including former US President Donald Trump, accusing the country of "profiteering" and acting as a "massive oil money laundromat for the Kremlin". However, India has firmly defended its position, asserting its right to make decisions based on its energy requirements. External Affairs Minister S Jaishankar responded to criticism by stating that if other countries have a problem buying refined products from India, they are not obligated to do so.

The Indian government has emphasized that energy security is paramount in guiding its choices. Despite global price fluctuations and geopolitical pressures, India has maintained that it will pursue its national interests in securing access to affordable energy.

Amidst these discussions, Sitharaman also addressed broader economic reforms, particularly the Goods and Services Tax (GST). She described recent changes as "next-generation GST reform" aimed at simplifying compliance, supporting domestic production and consumption, and promoting ease of living. These reforms are intended to address both the structure and substance of the tax system, contributing to a more streamlined and efficient economy.