Notes of finance ministry officials for the meeting included inflation, fiscal consolidation, controlling the current account deficit, clarity on tax administration and disinvestment in non-core sectors like steel and cement.
Liberalising the FDI policy in defence, e-commerce retail, railways and construction development and hurdles in land acquisition and cumbersome project clearances topped the agenda of Commerce Secretary Rajeev Kher.
Updates on the monsoon and a new insurance scheme to protect farmers from crop failure figured on Agriculture Secretary Ashish Bahuguna's notes, while the consumer affairs department was concerned about rising onion prices.
While the Oil Ministry went with a list of pending decisions, including an increase in natural gas prices which was due on April 1, the Power Ministry cited round-the-clock power supply and easing of fuel shortages as its top focus. Divestment of stake in PSUs such as SAIL and opening of closed mines were the focus areas for the steel and mines ministry.
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