PM Modi's Strategic Economic Blueprint Amidst Global Turmoil
Prime Minister Narendra Modi convenes a crucial meeting with the PM-Economic Advisory Council to strategize on boosting India's economy amid global uncertainties. Discussions focused on enhancing ease of living, with special attention on the impact of the West Asia conflict and sustainable growth initiatives.
- Country:
- India
In a pivotal gathering on Saturday, Prime Minister Narendra Modi met with the members of the PM-Economic Advisory Council to deliberate on key strategies for accelerating India's economic growth amidst a challenging global climate.
The discussions emphasized a range of reforms aimed at improving the ease of living and doing business in India. The council members also evaluated the repercussions of the ongoing West Asia conflict on the national and global economic landscape.
The talks come at a critical juncture when economies worldwide are navigating through geopolitical tensions and trade uncertainties. Last month, PM Modi appealed to citizens for greater economic resilience by urging reduced reliance on imported fuel and embracing sustainable practices, in light of global conflicts.
Among the notable discussions was the pressing need to modulate fuel consumption through public transport and carpooling, attracting attention to the importance of environmental sustainability. Concurrently, India’s economy displayed robust growth, outperforming market expectations with a 7.8% increase in Q4 FY2025-26 GDP.
The nation's real GDP surged to Rs 87.77 lakh crore in the fourth quarter, while full-year growth was recorded at 7.7%. Noteworthy too was the impressive escalation in nominal GDP and Gross Value Added (GVA), with growth trajectories spearheaded by the secondary and tertiary sectors.
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