PM Prime Minister Narendra Modi’s meeting with experts at the Niti Aayog to discuss the state of economy is currently underway in Delhi. The meeting is being attended by Niti Aayog Vice Chairman Rajiv Kumar, CEO Amitabh Kant and other senior officials of the think tank.
Reports say the sstressed economy has forced the government to step on the gas ahead of the Union Budget on February 1 with the Prime Minister Narendra Modi himself overseeing the Budget preparations to put the ailing economy back on track.
Modi's meeting with economists at Niti Aayog today is to find the solution from the industry and experts themselves.
He has in recent times held two mega meetings taking feedback from top industry captains, as well as over 10 meetings with different industrialists.
Each Ministry has been asked to prepare a blueprint of 5-year vision plans and the Prime Minister has also spent considerable time in reviewing them.
Modi himself as PM (not from PMO) sought feedback on Budget demands from the general public.
Said a source though that it was not surprising the amount of time devoted by Prime Minister in trying to understand and find cure to the ailing economy as the budget was just around the corner in about three weeks.
India's GDP growth has been forecast to dip to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors, government data showed on Tuesday.Finance Minister Nirmala Sitharaman is expected to present the Budget 2020-21 in Parliament on February 1.
(Inputs from agencies)