PM Modi Meets Leading Economists, Entrepreneurs To Discuss Ways To Revive Economy, Achieve $5 Trillion GDP Target

Prime Minister Narendra Modi held a two-hour meeting on Thursday (9 January) with over 30 industry experts and economists to review and take their views on steps to revive the Indian economy on growth and employment.

According to sources, Modi addressed the economists on the five-trillion-dollar economy target.

Sources said the Prime Minister took suggestions on boosting consumption and generating demand in the economy. Home Minister Amit Shah, Commerce Minister Piyush Goyal and Highways Minister Nitin Gadkari were also present.

Private sector participation was from fields like venture capital funding, manufacturing, travel and tourism, Apparel, FMCG, Real Estate, data and financial analytics besides primary sectors like Agriculture and Healthcare, reports News On AIR.

Among the participants were young entrepreneurs also. The broad focus was on the economy in general and growth in particular

The meeting assumes significance in the wake of annual pre budget consultations of the Prime Minister with the leading economists and experts from key sectors.

The meeting was also attended by DEA Secretary Atanu Chakrabortty, Finance Secretary Rajeev Kumar, Niti Aayog Vice Chairman Rajiv Kumar and CEO Amitabh Kant, PMEAC Chairman Bibek Debroy, non executive chairman of Punjab and Sind Bank Charanjit Singh, Sanjay Nair, Infia head KKR, a global private equity firm, and Bandhan Bank CEO Chandra Shekhar Ghosh.

(With inputs from IANS)