New Delhi: Prime Minister Narendra Modi on Saturday chaired a meeting of the Economic Advisory Council (EAC), where members deliberated on strategies to sustain India’s economic momentum and accelerate reforms aimed at improving the quality of life and business environment.
According to sources, the meeting focused on measures to strengthen India’s economic resilience at a time when global markets continue to face uncertainty due to ongoing geopolitical tensions and economic challenges.
Council members discussed a range of proposals designed to enhance ease of living for citizens and further improve the country’s ease of doing business framework. The discussions also included an assessment of the potential impact of the West Asia conflict on India’s economy and global trade.
The meeting was held a day after India reported stronger-than-expected economic growth figures. The country’s Gross Domestic Product (GDP) expanded by 7.7 per cent during FY 2025-26, while growth in the January-March quarter stood at 7.8 per cent, driven by robust domestic demand, higher government expenditure and signs of recovery in the rural economy.
Economic indicators showed increasing momentum in rural markets, with tractor sales registering significant growth compared to the previous financial year.
Reacting to the latest growth data released by the National Statistical Office (NSO), Prime Minister Modi said the figures reflected the strength of the Indian economy and the success of ongoing reforms.
He stated that the government remains committed to enhancing ease of living, simplifying business regulations and creating greater employment and entrepreneurship opportunities for the country’s youth.
The latest GDP numbers have exceeded many market expectations despite global headwinds, reinforcing India’s position among the world’s fastest-growing major economies.
