PM Modi chairs Economic Advisory Council Meeting, reviews India’s long-term growth roadmap

NEW DELHI : Prime Minister Shri Narendra Modi chaired a meeting of the Economic Advisory Council to the Prime Minister (EAC-PM), where members deliberated on a broad spectrum of issues related to India’s economic transformation, sustainable growth, and long-term development priorities.

The meeting focused on strengthening India’s growth trajectory amid evolving global economic conditions, with discussions covering key areas such as infrastructure development, manufacturing competitiveness, innovation, digital economy, employment generation, investment promotion, and productivity enhancement.

Prime Minister Modi emphasized the importance of accelerating the reform agenda to ensure that India remains one of the world’s fastest-growing major economies. Participants shared valuable perspectives on policy measures aimed at boosting economic efficiency, attracting investments, enhancing global competitiveness, and supporting inclusive development.

A key highlight of the discussions was the government’s continued commitment to improving both ‘Ease of Living’ for citizens and ‘Ease of Doing Business’ for enterprises. The Council explored ways to simplify regulations, reduce compliance burdens, strengthen governance frameworks, and leverage technology-driven solutions to improve public service delivery.

The meeting also reviewed strategies to support India’s vision of becoming a developed nation by 2047, with a focus on innovation-led growth, entrepreneurship, skill development, and sustainable economic expansion. Members of the Council provided recommendations on fostering a conducive environment for businesses while ensuring that economic progress translates into improved quality of life for all citizens.

The deliberations reaffirmed the government’s commitment to pursuing bold reforms, strengthening economic resilience, and creating new opportunities for growth, investment, and employment across sectors.