financetom
Economy
financetom
/
Economy
/
PM Modi to chair meet with industrialists and economists on June 22 to boost growth
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PM Modi to chair meet with industrialists and economists on June 22 to boost growth
Jun 18, 2019 10:49 AM

Just about two weeks before union finance minister Nirmala Sitharaman present’s the maiden budget of the present government, top economists and members of India Inc have been invited to share their ideas on boosting growth with Prime Minister Narendra Modi on June 22.

Share Market Live

NSE

The meeting comes at a time when India grew at its slowest pace of 6.8 percent in the financial year that ended on March 31, 2019.

Sources told CNBC-TV18 that the select group will be expected to go into a huddle at central Delhi-based NITI Ayog and deliberate on specific actionable policy announcements which can be used to accelerate growth and development in India.

Captains of the Indian Industry who have been invited include Tata Son’s chairman N Chandrasekaran, Vedanta Resources chairman Anil Agarwal and ITC’s Sanjiv Puri, whose inputs will be sought on bringing back animal spirits in manufacturing, services and mining sectors.

In addition, discussions will also be held on macro economy & employment, agriculture, water resources, exports, education and health.

But before the group presents their ideas to the Prime Minister, they will have to sit across the table with NITI Ayog vice-chairman Rajiv Kumar, post which they will be divided into sub-groups where specific ideas will be discussed in the presence of senior government officials.

The day-long meeting, that is scheduled to start at 10: 00 am and will culminate with sector-specific presentations to the Prime Minister in the evening.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Feds says will slow balance sheet runoff process
Feds says will slow balance sheet runoff process
Mar 19, 2025
WASHINGTON (Reuters) - The Federal Reserve said on Wednesday that it will reduce the pace of the drawdown of its still-massive balance sheet, as it faces challenges in assessing market liquidity during an ongoing impasse over lifting the government's borrowing limit. The announcement came as part of a Federal Open Market Committee meeting that left the central bank's interest rate...
Fed leaves rates alone, to slow pace of QT in April
Fed leaves rates alone, to slow pace of QT in April
Mar 19, 2025
(In paragraph six, corrects Scheiber comment to say two interest rate cuts, not three) (Reuters) -The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the end of this year in the context of slowing economic growth and, eventually, a downturn...
Fed Holds Rates While Growth Forecasts Slip, Inflation Projections Rise
Fed Holds Rates While Growth Forecasts Slip, Inflation Projections Rise
Mar 19, 2025
As widely expected, the Federal Reserve kept the fed funds rate unchanged at 4.25%-4.50% in its Wednesday meeting. This marked its second consecutive decision to hold borrowing costs steady as policymakers continue to assess inflation trends before considering any policy shifts. The March statement noted that the economy continues to expand at a robust pace, the labor market remains solid,...
Fed Keeps Interest Rate Unchanged as Uncertainty Mounts
Fed Keeps Interest Rate Unchanged as Uncertainty Mounts
Mar 19, 2025
02:22 PM EDT, 03/19/2025 (MT Newswires) -- The Federal Reserve on Wednesday held its benchmark lending rate steady for a second straight meeting and said that uncertainty regarding the economic outlook has moved higher. The Federal Open Market Committee left interest rates in the range of 4.25% to 4.50%, in line with Wall Street's expectations. Policymakers reduced rates by 50...
Copyright 2023-2026 - www.financetom.com All Rights Reserved