"While there were risks, the emerging global environment offers new and diverse opportunities in areas such as digitization, energy, health care, and agriculture. To capitalise on these opportunities, the public and private sectors must work together and think outside the box, according to Prime Minister Modi.
Prime Minister Modi met with prominent economists and experts at NITI Aayog. The deliberations were based on the theme "India's Growth & Resilience Amidst Global Headwinds". Modi emphasised Nari Shakti as a key driver of India's growth and urged continued efforts to enable and boost women's labor-force participation.
During the ongoing International Year of Millets, Prime Minister Narendra Modi emphasised the importance of promoting millets due to their potential to transform the rural and agri sector due to characteristics such as being carbon neutral, conducive to natural farming, and an affordable source of nutrition.
The Prime Minister praised the success of the India Digital story, as well as the rapid adoption of fintech across the country, and the potential for inclusive growth and development that it represents.
Participants in the meeting proposed practical measures for India to prudently maintain its development momentum. Participants shared ideas and suggestions with the Prime Minister on a variety of topics ranging from agriculture to manufacturing.
"Recognizing that the underlying global headwinds are likely to continue, strategic recommendations were also shared for further strengthening India's resilience. There was agreement that, as a result of its resilience, India has emerged as a bright spot on the turbulent global stage," NITI Aayog said in a statement, adding that new growth impulses would need to be built upon this foundation through holistic development across all sectors.
The Budget Session of Parliament is expected to begin on January 31 and end on April 6, with a recess in between, according to government sources on January 2.
The meeting was also attended by the Union Finance Minister, Minister of State for Planning (I/C), Vice Chairman, NITI Aayog, Principal Secretary to the Prime Minister, Members of NITI Aayog, Cabinet Secretary, Chief Economic Adviser, and CEO, NITI Aayog.
