PM Modi chairs Economic Advisory Council meeting to boost India’s growth amid global uncertainty, discusses reforms and West Asia conflict impact.
Prime Minister Narendra Modi on Saturday chaired a high-level meeting with members of the Prime Minister’s Economic Advisory Council (PM-EAC), focusing on strengthening India’s economic growth amid ongoing global uncertainty.
The meeting comes at a time when the world economy is facing challenges due to geopolitical tensions, including the West Asia conflict, supply chain disruptions, and uneven growth trends across major economies.
Focus on Strengthening India’s Economic Growth
During the meeting, Prime Minister Modi and members of the Economic Advisory Council discussed several ideas and policy measures aimed at accelerating India’s economic growth. The discussions centered around maintaining stability while enhancing long-term development prospects.
Experts in the council presented their views on how India can further strengthen its position as one of the fastest-growing major economies in the world.
Ease of Living and Ease of Doing Business Reforms
A key focus of the meeting was improving both “Ease of Living” and “Ease of Doing Business” in the country. Members suggested reforms aimed at simplifying regulations, improving governance efficiency, and creating a more investor-friendly environment.
The discussions also highlighted the importance of boosting domestic investment and supporting entrepreneurship to sustain economic momentum.
Impact of West Asia Conflict Discussed
The council members also provided their assessment of the ongoing West Asia conflict and its potential impact on India and the global economy. Issues such as energy prices, trade stability, and global inflationary pressures were part of the discussion.
The meeting emphasized the need for India to remain resilient in the face of external shocks and adapt policy measures accordingly.
Strategic Focus on Economic Stability
The Prime Minister underlined the importance of maintaining macroeconomic stability while pursuing growth-oriented reforms. The council suggested continued focus on structural reforms and strengthening key sectors of the economy.
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