- By Aalok Sensharma
- Thu, 09 Jan 2020 01:48 PM (IST)
- Source:JND
New Delhi | Jagran News Desk: Ahead of the presentation of the Union Budget 2020, Prime Minister Narendra Modi on Thursday met the economists and experts at the NITI Aayog to discuss the state of the economy and steps to be taken to revive the growth which is estimated to drop to 5 per cent during the current fiscal.
Apart from PM Modi, the meeting was attended by Home Minister Amit Shah, Union Minister Piyush Goyal, Road Transport and Highways Minister Nitin Gadkari, Niti Aayog Vice Chairman Rajiv Kumar, CEO Amitabh Kant and other senior officials of the think-tank.
Chairman of the Economic Advisory Council to the Prime Minister Bibek Debroy was also present at the meeting which discussed a host of issues, including those related to agriculture, infrastructure sectors.
Sources, quoted by news agency IANS, said that the dismal economic growth has forced the government to step on the gas ahead of the Union Budget 2020.
In the recent times, the Prime Minister met held two mega meetings taking feedback from top industry captains, as well as over 10 meetings with different industrialists.
The sources further said that each ministry has been asked to prepare a blueprint of five-year vision plans and the Prime Minister has also spent considerable time in reviewing them.
They have also said that PM Modi is certainly overseeing the sectoral bottlenecks to revive the economy and what can be done in Budget to help the stressed economy.
PM Modi has also sought to directly engage with people for their demands, aspirations and wishes from the Union Budget in reaching towards developmental growth.
“The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov,” he tweeted on Wednesday.
The Union Budget 2020 will be presented by Finance Minister Nirmala Sitharaman on February 1. The expectations with the budget are high as it comes amid a deep downturn in the economy, led by little consumption, investment and lack of jobs.