Prime Minister Narendra Modi on Saturday chaired a high-level meeting with members of the Prime Minister’s Economic Advisory Council (EAC-PM) to deliberate on strategies aimed at sustaining and accelerating India’s economic growth amid an increasingly uncertain global environment.
The meeting brought together leading economists and policy experts to discuss a range of ideas and measures that could help strengthen the Indian economy at a time when several regions of the world continue to grapple with geopolitical tensions, supply chain disruptions, inflationary pressures, and economic volatility.
During the discussions, Prime Minister Modi emphasized the need to maintain India's growth momentum and enhance its resilience against external shocks. The participants reviewed the current economic landscape and explored policy interventions that could further boost investment, innovation, employment generation, and productivity across sectors.
A key focus of the meeting was on reforms designed to improve both the “ease of living” for citizens and the “ease of doing business” for enterprises. The discussions covered ways to streamline regulations, improve governance mechanisms, encourage entrepreneurship, and create a more conducive environment for domestic and foreign investments. Such reforms are seen as critical to sustaining India's position as one of the world’s fastest-growing major economies.
The members of the Economic Advisory Council also shared their assessment of the ongoing conflict in West Asia and its potential implications for India and the global economy. The conflict has raised concerns over energy security, trade routes, commodity prices, and broader geopolitical stability. Experts evaluated possible risks arising from the situation, including fluctuations in crude oil prices, disruptions in global supply chains, and their impact on economic growth and inflation.
The Council members highlighted the importance of maintaining economic preparedness and monitoring global developments closely to safeguard India’s growth prospects. They also discussed opportunities for India to leverage its economic strengths and emerging global role amid changing international dynamics.
The meeting comes at a time when India continues to demonstrate strong economic performance despite challenging global conditions. Recent economic indicators have reflected robust growth, supported by infrastructure development, manufacturing expansion, digital transformation, and rising domestic demand.
The Prime Minister and the Council members agreed on the need for continuous policy innovation and structural reforms to ensure that India remains on a sustained path of economic progress. The discussions underscored the government’s commitment to strengthening economic fundamentals while addressing emerging global challenges.
As the world economy navigates an uncertain phase, the deliberations of the Economic Advisory Council are expected to contribute to shaping policies that enhance India’s competitiveness, economic resilience, and long-term development trajectory.
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