Tariffs, GDP path in PM pre-budget talks

Prime Minister Narendra Modi on Tuesday consulted economists about navigating global uncertainty and maintaining India's economic growth momentum, ahead of the NDA government's second budget in its third term in office.

- Zia Haq and Gireesh Chandra Prasad

Jobs, education and infrastructure were key discussion points at the meeting, held at Niti Aayog.

Economists shared suggestions on topics including employment generation, skill development, enhancing agricultural productivity, attracting investment and boosting exports, said an official statement.

The agenda of the meet was "Maintaining India's Growth Momentum at a Time of Global Uncertainty" and invitees also included experts from rating agencies and academics.

The PM began by outlining his government's goal of Viksit Bharat (developed economy) by 2047, the 100th year of India's Independence. Modi said both the government and the private sector needed to work in collaboration, keeping that "single goal in mind", the person said.

The Prime Minister also said the country needs to foster a "fundamental change in mindset that is focused towards making India a developed nation by 2047". He also sought policy guidance in three areas: sustainable growth, jobs and raising productivity in agriculture.