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Pre-Budget Meet Held By PM Modi – Free PDF Download

 

  • In this meeting sectors were identified which have a great potential to take the economy forward and  create jobs.
  1. Tourism,
  2. Urban development,
  3. Infrastructure and
  4. Agri-based industry

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.

OUTCOMES OF THE MEETING?

  • 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.

 

 

 

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