New Delhi, March 29 -- The Confederation of Indian Industry (CII) has urged businesses to adopt practical and responsible measures amid the current energy shock triggered by the ongoing West Asia war, focusing on price stability, job protection, and a shift away from traditional fuels.

The lobby group also called for investments in clean energy, and asked companies to work with the government to create strategic buffers for critical raw materials, while also building inventories for the same.

The CII's appeal to businesses in a statement outlining a 12-point industry agenda on Sunday comes after the government sharply lowered excise duty on petrol and diesel and imposed tax on export of diesel and jet fuel last week to ensure domestic p...