Business Standard

Tuesday, December 24, 2024 | 09:32 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

PM Modi meets economists as govt gets ready to present Union Budget 2023

Economists who participated in the meeting, included Shankar Acharya, Ashok Gulati, and Shamika Ravi

Prime Minister Narendra Modi

Prime Minister Narendra Modi

Press Trust of India New Delhi

Prime Minister Narendra Modi on Friday met several prominent economists as his government gets ready to present the Union Budget for 2023-24 amid global headwinds emanating from geopolitical tensions, said sources.

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget in the Lok Sabha on February 1. The minister has already met different stakeholders to elicit their views and suggestions for the Budget.

The Prime Minister's meeting was also attended by Union Finance Minister Nirmala Sitharaman and other senior government officials. Niti Aayog Vice-Chairman Suman Bery and other members were also present, said sources.

Economists who participated in the meeting, included Shankar Acharya, Ashok Gulati, and Shamika Ravi.

 

Several suggestions were made by economists during the meeting for boosting economic growth which is estimated to drop to 7 per cent in the current financial year from 8.7 per cent in 2021-22.

The economy is facing several challenges, including persistently high inflation, a depreciating rupee, and subdued growth in exports.

The ongoing Russia-Ukraine and disruptions in the global supply chains have adversely global economic growth.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 13 2023 | 6:55 PM IST

Explore News Home