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PM meets economists on growth, jobs, $5 trillion economy

  •   Thu, Jan 09 2020 04:36:51 PM

New Delhi, Jan 9 (IANS): Prime Minister Narendra Modi held a two-hour meeting on Thursday 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 Niyin Gadkari were also present.

But surprisingly Finance Minister Nirmala Sitharaman was not present at this meeting.

DEA Cecretary 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 also attended.
  

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Comment on this article

  • Kshain, Saudi Arabia

    Fri, Jan 10 2020

    What is it great number of 5 trillion dollor, it will always double every 6 to 7 years because nominal growth is 11 or 12%. In year 1991 Indian economy was 325 billion dollor it doubled in 2003 618 and it doubled to 1.22 trillion dollor 2010 and again it doubled in 2017 dollor 2.48 trillion and it will double to 5 trillion dollor in 2024 or 2025. And again it will 10 trillion dolor in 2030. For double this number not required any finance Minister or prime Minister. It is magic of compounding. Any money lender knows this formula

    DisAgree Agree [2] Reply Report Abuse

  • James, Bendur

    Thu, Jan 09 2020

    FM minister husband must have stopped her attending this meeting since he's more knowledgeable than the PM

    DisAgree Agree [2] Reply Report Abuse

  • ummar, mangalore

    Thu, Jan 09 2020

    what he talking about 5 trillion economy , realy PM is not serious about country since 2014 they are saying something and doing something.

    DisAgree Agree [6] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Thu, Jan 09 2020

    Finally, India is on a path to be Gujarat model.

    DisAgree Agree [1] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Thu, Jan 09 2020

    Joke of the year / decade 2020....!!!!! Gingerless chai pe charcha....!!!!!

    lol....,

    DisAgree Agree [7] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Thu, Jan 09 2020

    It is difficult to salvage the sinking ship in troubled waters!
    Now it depends on the people to make a choice.
    Let them implement NRC & CAA first then go after falling economy.
    Right lesson at a right time.

    DisAgree Agree [3] Reply Report Abuse

  • ummar, mangalore

    Thu, Jan 09 2020

    Niramala says she never coook with onion if 200 rupees , how they can development the country and eceomic

    if they didnt feeel the high price

    DisAgree Agree [1] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Thu, Jan 09 2020

    Ask Nirmala Sitharaman
    She would have instant clue or solution.
    People fly in pride and dump the country.

    DisAgree Agree [6] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Jan 09 2020

    What is the use of this Meeting without Finance Minister ...

    DisAgree Agree [7] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Thu, Jan 09 2020

    It is difficult to salvage the sinking ship in troubled waters!
    Now it depends on the people to make a choice.
    Let us implement NRC & CAA first then go after falling economy.

    DisAgree Agree [2] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Jan 09 2020

    he doesn't know how many zero's in da 5 trillion econonmy. india's eonomy is fully destroyed from demonetisation.

    DisAgree [1] Agree [15] Reply Report Abuse


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