PM Modi Chairs Economic Advisory Council Meeting To Assess Iran War Impact
Council assessed Iran war's impact on India and world economy.
Prime Minister Narendra Modi on Saturday chaired a meeting of the Economic Advisory Council to the Prime Minister (EAC-PM), focusing on strategies to sustain and accelerate India's economic growth amid an uncertain global environment. The discussions come at a time when geopolitical tensions, including the ongoing conflict involving Iran, continue to raise concerns about global economic stability and trade disruptions.
According to official sources, the Prime Minister and members of the Economic Advisory Council reviewed a range of ideas and policy measures aimed at strengthening India's economic resilience. The meeting examined ways to maintain growth momentum while navigating challenges arising from global volatility and shifting international economic conditions.
A key focus of the discussions was identifying reforms that could further improve the ease of living for citizens and the ease of doing business for enterprises. Officials said participants explored measures designed to enhance efficiency, reduce regulatory burdens and create a more supportive environment for investment and entrepreneurship.
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The Economic Advisory Council serves as an independent body that provides the Prime Minister with inputs on economic and related policy matters. Its recommendations often cover areas such as growth, employment, fiscal management, innovation and long-term development strategies. Meetings of the council are considered important platforms for reviewing economic trends and assessing policy priorities.
The deliberations also reflected the government's emphasis on maintaining macroeconomic stability while pursuing reforms that support sustainable development. India has remained one of the world's fastest-growing major economies in recent years, even as many countries have faced headwinds from inflation, supply chain disruptions and geopolitical conflicts.
While specific decisions from the meeting were not immediately disclosed, official sources said the discussions centred on ensuring that India's growth trajectory remains strong despite global uncertainties. The government is expected to continue evaluating policy options that promote investment, strengthen economic competitiveness and support long-term development objectives.
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