Prime Minister Narendra Modi met with the Economic Advisory Council to discuss boosting India’s economic growth. NEW DELHI: Prime Minister Narendra Modi on Saturday met members of the Economic Advisory Council and for the second straight day underlined the need for further reforms.”Chaired a meeting of the Economic Advisory Council to the Prime Minister. Deliberated on a wide range of issues relating to India’s economic transformation and long-term development priorities. Also shared perspectives on adding more momentum to the reforms journey and ensuring ‘Ease of Living’ as well as ‘Ease of Doing Business’,” he wrote on social media.Hours after the GDP numbers were released on Friday, Modi had underlined the need to make life easier for citizens and businesses. A few weeks ago, reforms across ministries were the main focus of talks during a meeting of the council of ministers.Although he had signalled his govt’s intent to unleash what was described as “Reforms Express”, the repeated emphasis comes amid global headwinds that are expected to impact economic activity. Govt officials say economic activity so far has held steady, as evidenced by the fourth-quarter GDP growth of 7.8% – the highest among major economies – despite the West Asia conflict.Data from across industries – from auto to cement, purchasing managers’ index, e-way bills and GST collections – indicate the momentum has continued into the current financial year as well. MGNREGA work demand fell to -35.5% in April, extending its 10th consecutive monthly decline.While some of the FMCG players had reduced pack sizes anticipating a slowdown in demand, consumer activity indicates that purchases have not been hit, and in certain segments, it has picked up. But the Centre is keeping all policy tools ready as it seeks to deal with the prospect of a weak monsoon, which could dent demand and fuel inflation in certain segments. RBI and govt’s assessment is that inflation will remain within the tolerance band.End of ArticleFollow Us On Social MediaVideos‘Untrue’: Sourav Ganguly Denies Asking Yusuf Pathan To Resign On Behalf Of Mamata Banerjee‘TMC Fooled Muslims, Suvendu Is Secular’: Ajmal Siddiqui Resigns From Post, Slams Abhishek BanerjeeAbhishek Banerjee’s Role Reworked As Mamata Banerjee Reshuffles TMC LeadershipTamil Nadu BJP Faces Resignation Wave as Annamalai’s New Movement Draws VolunteersSix Detained As CJP’s Jantar Mantar Protest Over NEET Leak Concludes Without Major ClashesAshwini Vaishnaw Unveils Bengal Bullet Train Plan, Targets Faster Northeast Connectivity‘Khan Sir Won’t Surrender In Patna Court, To File Anticipatory Bail Plea On 8 June’: LawyerPM Modi Chairs Economic Advisory Council Meet Amid West Asia CrisisStudents, Senior Citizens, Parents Join CJP Protest Against NEET Paper Leak Controversy | WatchBengal STF Recovers Arms Cache From TMC Leader’s Pond In Sandeshkhali, CM Suvendu Adhikari Reacts123PhotostoriesGopika Gopi to Aneesh: Here’s a look at the commoner contestants of Bigg Boss Malayalam5 silent signs your body may be missing key nutrients, according to a neurologistWhy you should ‘marry for money’, according to a top divorce lawyerPrincess Diana’s most iconic fashion moments: 5 designers behind her legendary style12 must-follow emergency rules for modern apartments and gated real estate communities5 effective money habits that protect you from going brokeHow to respond to difficult people without getting triggered: 10 practical waysFrom Kedarnath to Kamakhya: 5 iconic hill temples in India to visit at least once in lifetimeInside Sunil Grover’s stunning two-storey dream home: A massive living room, artistic interiors and moreCan Jamun help control blood sugar? Expert explains its benefits for people with diabetes123Hot PicksSuryakumar YadavYusuf PathanKerala Student HospitalisedIran AttackKhan SirAnnamalaiKaru Nagarajan ResignRoger GoodellAIADMKTop TrendingCJP ProtestKarnataka Constable RecruitmentTS Inter Supplementary ResultsIndia vs Afghanistan ScoreAnnamalai BJP exitE85 FuelDelhi hotel fireKhan sir coaching fireDelhi Plice HCM Result 2026Pawan Kalyan
NEW DELHI: Prime Minister Narendra Modi on Saturday met members of the Economic Advisory Council and for the second straight day underlined the need for further reforms.“Chaired a meeting of the Economic Advisory Council to the Prime Minister. Deliberated on a wide range of issues relating to India’s economic transformation and long-term development priorities. Also shared perspectives on adding more momentum to the reforms journey and ensuring ‘Ease of Living’ as well as ‘Ease of Doing Business’,” he wrote on social media.Hours after the GDP numbers were released on Friday, Modi had underlined the need to make life easier for citizens and businesses. A few weeks ago, reforms across ministries were the main focus of talks during a meeting of the council of ministers.Although he had signalled his govt’s intent to unleash what was described as “Reforms Express”, the repeated emphasis comes amid global headwinds that are expected to impact economic activity. Govt officials say economic activity so far has held steady, as evidenced by the fourth-quarter GDP growth of 7.8% – the highest among major economies – despite the West Asia conflict.Data from across industries – from auto to cement, purchasing managers’ index, e-way bills and GST collections – indicate the momentum has continued into the current financial year as well. MGNREGA work demand fell to -35.5% in April, extending its 10th consecutive monthly decline.While some of the FMCG players had reduced pack sizes anticipating a slowdown in demand, consumer activity indicates that purchases have not been hit, and in certain segments, it has picked up. But the Centre is keeping all policy tools ready as it seeks to deal with the prospect of a weak monsoon, which could dent demand and fuel inflation in certain segments. RBI and govt’s assessment is that inflation will remain within the tolerance band.
