Just about two weeks before union finance minister Nirmala Sitharaman present’s the maiden budget of the present government, top economists and members of India Inc have been invited to share their ideas on boosting growth with Prime Minister Narendra Modi on June 22.
The meeting comes at a time when India grew at its slowest pace of 6.8 percent in the financial year that ended on March 31, 2019.
Sources told CNBC-TV18 that the select group will be expected to go into a huddle at central Delhi-based NITI Ayog and deliberate on specific actionable policy announcements which can be used to accelerate growth and development in India.
Captains of the Indian Industry who have been invited include Tata Son’s chairman N Chandrasekaran, Vedanta Resources chairman Anil Agarwal and ITC’s Sanjiv Puri, whose inputs will be sought on bringing back animal spirits in manufacturing, services and mining sectors.
In addition, discussions will also be held on macro economy & employment, agriculture, water resources, exports, education and health.
But before the group presents their ideas to the Prime Minister, they will have to sit across the table with NITI Ayog vice-chairman Rajiv Kumar, post which they will be divided into sub-groups where specific ideas will be discussed in the presence of senior government officials.
The day-long meeting, that is scheduled to start at 10: 00 am and will culminate with sector-specific presentations to the Prime Minister in the evening.
