news details |
|
|
| Forward Looking Approach | | | Recently, Prime Minister Narendra Modi discussed with the members of the Economic Advisory Council (EAC) various measures to further boost India’s economic growth amid global turmoil. According to the media reports the Economic Advisory Council to the Prime Minister discussed ideas and measures with PM Modi to keep the clock ticking.
The EAC-PM serves as an important platform for providing expert advice on economic issues and helping shape long-term strategies. The Council’s engagement with the Prime Minister reflects the government’s commitment to evidence-based policymaking and proactive economic management. Such consultations become even more vital when the global economy faces uncertainties that can affect trade, investment flows, energy prices, and financial markets.
One of the key strengths of the Indian economy is its large domestic market. Strong consumer demand, rising urbanisation, and a growing middle class continue to drive economic activity. At the same time, public investment in infrastructure, including roads, railways, airports, and digital connectivity, has generated employment and enhanced productivity. The focus now should be on maintaining this momentum while encouraging greater private-sector participation in investment and innovation.
India today is among the fastest-growing major economies in the world. Over the past decade, the country has undertaken a series of structural reforms aimed at improving ease of doing business, enhancing digital governance, strengthening infrastructure, and promoting entrepreneurship. These efforts have helped create a robust economic foundation capable of withstanding external shocks. However, sustaining high growth in a rapidly changing global environment requires constant evaluation, innovation, and policy responsiveness. It’s equally important to ensure that economic growth remains inclusive. Policies aimed at empowering farmers, supporting small and medium enterprises, enhancing women’s participation in the workforce, and improving education and healthcare are pillars of sustainable development. Economic progress must translate into better living standards and greater opportunities for all sections of society. As global challenges persist, India’s ability to remain resilient will depend on prudent policymaking, strong institutions, and a clear vision for the future. The Prime Minister’s consultation with the Economic Advisory Council reflects a forward-looking approach to governance. By leveraging its strengths and embracing reforms, India is well-positioned to not only navigate global turbulence but also emerge as a leading engine of growth in the world economy. |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
