NEW DELHI: Amid the global economic turbulence and a day after when the Sensex bashed below the 25000 mark for the first time in the Modi government, Prime Minister Narendra Modi will meet about 40 delegates including leading bankers and economists, top officials of the government of RBI and Cabinet ministers.
The agenda of the meeting being ‘Recent Global Events Opportunities for India,’ the meeting will also discuss the factors that are leading to slow pace of reforms.
The meeting is held to take up issues that have afflicted growth and continue to afflict investments.
This is the second meeting of India Inc with PM in two months. Prime Minister Narendra Modi is meeting industry leaders to liberate on the recent developments in the global economic scenario and the opportunities it present for India.
The focus will be on the ways to take advantage of this global turbulence with an attempt of converting it into an opportunity.
The stakeholders would also suggest the ways in which India can overpower Chinese market and lead global growth.
India Inc is also expected to raise one of the major issues i.e. land bill issue, with the suggestion of promoting the land pooling model.
Other issues that are likely to be raised in the meeting include, government allowing an ordinance that ease land acquisition, deadlock on the Goods and Services Tax (GST) and, easing of business.
The brainstorming session will also have the heads of all three industry chambers- Assocham, CII (Confederation of Indian Industry) and FICCI (Federation of Indian Chambers of Commerce and Industry)
The meeting scheduled for today at PM’s Race Course road residence is likely to stretch over a period of approximately two hours.