Business
06 Jun, 2026
PM discusses with EAC measures to further boost growth in times of global turmoil
Business To Business, New Delhi, 6th June, 2026: Narendra Modi on Saturday chaired a meeting of the Economic Advisory Council to the Prime Minister to discuss strategies for sustaining India's economic momentum amid an uncertain global environment.
Key focus of the meeting
According to the Prime Minister, the discussions covered:
- India's economic transformation.
- Long-term development priorities.
- Measures to strengthen economic growth.
- Emerging global economic challenges.
- Opportunities for sustaining high growth rates.
In a statement, Modi said:
"Chaired a meeting of the Economic Advisory Council to the Prime Minister. Deliberated on a wide range of issues relating to India's economic transformation and long-term development priorities."
West Asia conflict discussed
Members of the EAC-PM also assessed the possible impact of the ongoing conflict in West Asia on:
- Global economic growth.
- Energy markets.
- Inflationary pressures.
- International trade and supply chains.
- India's economic outlook.
The conflict has raised concerns worldwide because disruptions in the region can affect crude oil prices, shipping routes, and broader financial markets.
India's economic outlook
The meeting comes at a time when India has continued to project relatively strong economic growth compared with many major economies.
Key areas likely to remain central to India's economic strategy include:
- Manufacturing expansion.
- Infrastructure development.
- Digital economy growth.
- Energy security.
- Employment generation.
- Investment and exports.
Role of the EAC-PM
The Economic Advisory Council to the Prime Minister is an independent advisory body that provides the government with analysis and recommendations on economic and policy matters.
Its assessments often help shape discussions on:
- Macroeconomic policy.
- Fiscal and financial issues.
- Structural reforms.
- Long-term development planning.
The meeting reflects the government's focus on maintaining economic stability and growth while navigating geopolitical uncertainties, including the potential effects of developments in West Asia on global markets and India's economy.