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PM Modi to meet economists, experts on June 22

NEW DELHI: Prime Minister Narendra Modi will engage with leading economists and mavens on Saturday to deliberate on financial coverage roadmap for selling expansion and employment technology.

The meeting, being organised via govt think tank NITI Aayog, might be attended via various ministers, NITI Aayog functionaries, leading economists, sectoral mavens and industrialists, sources stated.

The meeting comes towards the backdrop of latest Central Statistics Office (CSO) information showing that the economic expansion slowed to a five-year low of 5.8 consistent with cent within the fourth quarter of 2018-19, pushing India behind China, because of poor showing via agriculture and production sectors.

The CSO information had additionally shown that joblessness was at a 45-year prime of 6.1 consistent with cent in 2017-18.

It additionally published that the yearly Gross Domestic Product (GDP) for fiscal 2018-19 (at 2011-12 costs) was at a five-year low of 6.8 consistent with cent. The GDP expansion was 7.2 consistent with cent in 2017-18.

The meeting additionally assumes significance as it comes forward of the presentation of the Union Budget on July 5 via finance minister Nirmala Sitharaman.

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