PM Narendra Modi Discusses Growth Measures with Economic Advisory Council Amid Global Turbulence

Prime Minister Narendra Modi chaired a high-level meeting with the Economic Advisory Council (EAC) to evaluate strategies for sustaining India's growth trajectory. The discussions centered on maintaining current GDP growth rates, which were noted by Union Minister Amit Shah at 7.7%, as the administration seeks to navigate a volatile global environment characterized by rising oil prices and geopolitical tensions in West Asia.

The council deliberated on long-term structural reforms intended to improve the ease of living and ease of doing business across the nation. Experts at the meeting assessed the potential impact of ongoing international conflicts on India’s economy, specifically focusing on risks to remittances and the inflationary pressures exerted by oil costs exceeding $90 per barrel. The meeting reinforced the government's commitment to achieving a developed India by 2047 through sustained economic resilience.

While no immediate policy changes were announced, the deliberations highlight the government’s proactive approach to mitigating risks associated with the current global turmoil. Sustaining a projected 6.5–6.9 percent growth rate for 2026–27 remains a primary policy priority. Government leaders and advisors continue to prioritize institutional strengthening to insulate domestic markets from external shocks.