New Delhi: Prime Minister Narendra Modi held a key meeting with members of the Economic Advisory Council to discuss the crisis triggered by the war situation in West Asia.
Though a temporary ceasefire has been in place between Israel and Iran, the report said both sides have resumed attacks. The developments have led to concerns over crude oil availability, pushing up petroleum product prices and, in turn, the cost of essential goods.
The Centre, led by Modi, is taking measures to contain the price rise. As part of this effort, the meeting reviewed possible spillover effects of the West Asia conflict on the Indian economy as well as the global economy.
Discussions also covered steps to strengthen India’s economic growth and respond to shifts in international markets.
In a social media post, Modi said he chaired the Economic Advisory Council meeting and discussed priorities for India’s economic transformation and growth, including giving fresh momentum to the reform journey, simplifying life for citizens, and ensuring business growth.
