Pre-Budget Meet Held By PM Modi

Table of Contents

In this meeting sectors were identified which have a great potential to take the economy forward and create jobs.

CONTEXT

The PM met-
Economists, Private equity, Venture capitalist,
Business leaders from manufacturing, travel & tourism, apparel and FMCG
Experts in agriculture, science & technology and finance.
The high-profile meeting was attended by-
Home Minister Amit Shah,
Road Transport and Highways Minister Nitin Gadkari, Commerce and Industry Minister Piyush Goyal
Besides Niti Aayog Vice Chairman Rajiv Kumar, CEO Amitabh Kant and other senior officials of the think-tank.

Experts were divided over the issue of relaxing the fiscal deficit target for the current year.
Some suggested that the target should be relaxed to meet expenditure on infrastructure, MNREGA and other sectors.
While others called for sticking to the fiscal consolidation path.
In the two-and-half hour long meeting at NITI Aayog range of issues linked to economy were discussed-
From asset monetisation to disinvestment of state-run companies, the banking sector and availability of credit.
A lot of discussion also took place around Jobs and Boosting exports To beat the slowdown.