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Ahead Of Union Budget, PM Modi Meets 40 Economists To Discuss Current State Of Economy

The interactive session was organised by Niti Aayog on 'Economic Policy - The Road Ahead'

Ahead Of Union Budget, PM Modi Meets 40 Economists To Discuss Current State Of Economy
Prime Minister Narendra Modi along with Parliamentary Affairs Minister Prahlad Joshi and MoSes Arjun Ram Meghwal, Jitendra Singh and V. Muraleedharan arrives to chair the meeting of heads of various political parties in both the Houses of Parliament, ahead of the Budget Session 2019. (PTI Photo)
Ahead Of Union Budget, PM Modi Meets 40 Economists To Discuss Current State Of Economy
outlookindia.com
2019-06-22T21:04:45+05:30

Prime Minister Narendra Modi on Saturday met over 40 economists and discussed the current state of Indian economy and took note of their suggestions ahead of next month's union budget.

The interactive session was organised by Niti Aayog on 'Economic Policy - The Road Ahead'

"During the session, participants shared their views, in five distinct groups, on the economic themes of macro economy and employment, agriculture and water resources, exports, education and health," said a release issued by the Prime Minister's Office.

The Prime Minister thanked all participants for their suggestions and observations on various aspects of the economy.

The meeting came in the backdrop of economic growth slowing to 5.8 per cent in the fourth quarter of 2018-19 pushing India behind China.

The Central Statistics Office (CSO) data also showed that the Gross Domestic Product for 2018-19 (at 2011-12 prices) was at a five-year low of 6.8 per cent as compared to 7.2 per cent GDP growth in 2017-18.

The Congress party has been alleging that unemployment had reached a 45-year high under the BJP-led government.

Modi had met Secretaries of all ministries earlier this month and urged them to begin work on making India a five trillion US dollar economy.

Commerce and Industry Minister Piyush Goyal and Minister of State (independent charge) for Statistics and Programme Implementation Rao Inderjeet Singh were also among the attendees.

Niti Aayog Vice Chairman Rajiv Kumar and senior government officials were also present.

Finance Minister Nirmala Sitharaman will be presenting the full Budget for 2019-20 on July 5 in the Lok Sabha.

It will be first full Budget of the Modi 2.0 government.

(With inputs from agencies)

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