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PM Modi to interact with leading economists, sectoral experts today to discuss growth roadmap

PM Modi will interact with leading economists and sectoral experts today to deliberate on economic policy roadmap for promoting growth and employment.
India TV Business Desk
Edited by: India TV Business Desk New Delhi January 10, 2018 12:28 IST

Prime Minister Narendra Modi will interact with leading economists and sectoral experts today to deliberate on economic policy roadmap for promoting growth and employment.

The meeting, being organised by government think tank NITI Aayog, will be attended by a host of ministers including Finance Minister Arun Jaitley, NITI Aayog functionaries and leading economists. 

"Prime Minister Narendra Modi will interact with leading economists and the experts across sectors from all over the country at NITI Aayog tomorrow," an official statement said on Tuesday.

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The select group of economists and various sector experts have been invited by NITI Aayog for the deliberations with the prime minister on 'Economic Policy: The Road Ahead'.

According to the statement, the discussion will focus on six broad themes: Macroeconomic Balances, Agriculture and Rural Development, Urban Development, Infrastructure and Connectivity, Employment, Manufacturing and Exports and Health and Education. 

It further said that the emphasis is on sharing the views of the experts from all over the country on the road ahead for the economic policy to steer the nation towards a New India envisioned by the prime minister. 

The meeting comes in the backdrop of latest estimates of national income by Central Statistics Office (CSO) which showed that India's growth is expected to slow down to four-year low of 6.5 per cent this fiscal, the lowest under the Modi-led government. 

The Gross Domestic Product (GDP) was 7.1 per cent in 2016-17 and 8 per cent in the preceding year. It was 7.5 per cent in 2014-15.

Meanwhile, the World Bank today said that India has "enormous growth potential" compared to other emerging economies, while it t projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.

India, despite initial setbacks from demonetisation and Goods and Services Tax (GST), is estimated to have grown at 6.7 per cent in 2017, according to the 2018 Global Economics Prospect released by the World Bank in Washington on Tuesday.

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