PM Modi meets Economic Advisory Council to review growth measures amid global headwinds
New Delhi, June 6
Prime Minister Narendra Modi on Saturday chaired a meeting of the Economic Advisory Council to the Prime Minister, discussing measures to sustain India's growth momentum, strengthen economic resilience and navigate emerging global challenges amid the West Asia conflict, officials said on Saturday.
The meeting focused on strategies to further accelerate economic growth, at a time when major economies across the world continue to face geopolitical uncertainties, supply chain disruptions and weakening demand.
PM Modi and members of the advisory council exchanged views on policy measures aimed at maintaining India's growth trajectory while ensuring macroeconomic stability amid a challenging global environment, according to officials.
In addition, discussions covered reforms aimed at improving ease of living and ease of doing business, with deliberations focusing on enhancing governance efficiency, reducing compliance burdens and creating a more conducive environment for investment and entrepreneurship.
Moreover, a part of the deliberations centred on the implications of the conflict in West Asia, with members discussing its potential impact on India and the global economy.
The discussions examined concerns related to energy markets, trade routes and broader economic stability as prolonged tensions in the region continue to raise uncertainty across global markets.
The key meeting comes at a time when India continues to remain among the fastest-growing major economies despite growing global uncertainties and geopolitical tensions.
India's GDP growth was estimated at a robust 7.8 per cent in the January-March quarter (Q4) of 2025-26, and the growth rate for the full financial year worked out to be 7.7 per cent, on the back of a strong performance of the agriculture, construction and services sectors.
India -- which imports a large share of its energy requirements -- has been closely monitoring developments in the region amid concerns that sustained instability could influence crude oil prices and international trade flows.
The Economic Advisory Council to the Prime Minister comprises economists and policy experts who provide independent inputs on economic and developmental issues and advise the government on long-term growth priorities and emerging economic trends.
— IANS
Reader Comments
7.7% GDP growth is impressive no doubt. But let's not forget that this growth needs to be inclusive. Rural India and agriculture are doing well according to the article, but ground realities differ. Many farmers I know are worried about input costs and market prices. Hope the council also discussed ways to control inflation that hits the common man. 🇮🇳
Finally some proactive economic planning! The West Asia situation is a ticking time bomb for oil prices. We should be investing heavily in renewable energy and strategic petroleum reserves. Also, reducing compliance burden is welcome - as a startup founder, I can tell you the red tape is real. Good move by Modi ji. 👏
I'm cautiously optimistic. The GDP numbers are great, but we need to see if this translates into jobs. My cousin just graduated and is struggling to find work in his field. And with global headwinds, we can't afford to be complacent. The EAC should focus on job creation and skilling, not just macro numbers. Just my two paise. 💭
Interesting meeting. As someone who works in global trade, I can confirm that India's resilience is being noticed worldwide. The focus on supply chain diversification and energy security is smart. But let's see how fast these measures are implemented. Actions speak louder than press releases. Good luck, India! 🍀
I appreciate the government's focus on economic stability. However, I wish there was more transparency about what exactly was discussed. The conflict in West Asia is serious and could directly impact our fuel
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.