PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia war

Prime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on India and the global economy. Ideas were exchanged to enhance India's economic growth amidst global instability....

ANI
Prime Minister Narendra Modi on Saturday chaired a meeting with members of the PM-Economic Advisory Council wherein the attendees gave their assessment of the impact of West Asia Conflict on India and the world.

The crucial meeting comes at a time when economies across the world continue to grapple with geopolitical tensions, trade uncertainties and uneven growth trends. The conflict in West Asia, that began on February 28, has led to soaring crude prices, disruptions in shipping and disturbed growth across the globe.

PM Modi and the EAC discussed various ideas and measures to further boost India’s economic growth in times of global turmoil.


They also discussed various reforms to improve ease of living and ease of doing business in India.

Earlier in May, PM Modi made seven appeals to Indians to contribute towards economic resilience by reducing dependence on imported fuel and adopting environmentally sustainable alternatives amid the West Asia conflict.

He urged citizens to prioritise work from home, cut fuel consumption, avoid foreign travel for a year, adopt domestically produced products, reduce cooking oil use, shift to natural farming and curb gold purchases.
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