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Prime Minister Narendra Modi talks with key economists on Friday

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Prime Minister Narendra Modi.

Prime Minister Narendra Modi will meet with key economists and sector experts on Friday and may be included in the next budget to drive growth amid multiple aspects of uncertainty caused by COVID19. Discuss certain measures. Organized by the government think tank Niti Aayog, the conference will be effectively held and will be attended by Niti Aayog Vice Chairman Rajiv Kumar and Niti Aayog CEO Amitabh Kant.

  • PTI
  • Last updated: January 6, 2021 14:03 IST
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Prime Minister Narendra Modi spoke with key economists and sector experts on Friday to: COVID-19 (new coronavirus infection) (# If there is no character limit, add parentheses when it first appears.. Organized by the government think tank Niti Aayog, the conference will be effectively held and will be attended by Niti Aayog Vice Chairman Rajiv Kumar and Niti Aayog CEO Amitabh Kant.

“The prime minister will meet with economists on Friday to ask for input into his next budget,” a senior government official said on condition of anonymity. According to the Reserve Bank of India (RBI), the conference is expected to be important as the Indian economy is projected to shrink 7.5% in the current fiscal year ending March 31, 2021, but international. The Monetary Fund (IMF) and the World Bank are 10.3% and 9.6%, respectively.

The Indian economy recovered faster than expected in the September quarter as manufacturing recovery recorded a 7.5% reduction in GDP and rising expectations for improved consumer demand. India’s economic growth was estimated at 4.2% in 2019-20.

The next United Budget may be presented on February 1, 2021.

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Prime Minister Narendra Modi talks with key economists on Friday

Source link Prime Minister Narendra Modi talks with key economists on Friday

Read more at indianewsrepublic.com

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