PM Modi Chairs Strategic EAC-PM Meeting to Strengthen India's Economic Momentum Amid Global Challenges

Prime Minister Narendra Modi convened a high-level meeting with members of the Economic Advisory Council to the Prime Minister (EAC-PM) on Saturday, June 6, 2026. The session provided a timely platform to review the country's economic outlook and deliberate on forward-looking strategies to sustain robust growth. Held just a day after the release of strong GDP figures, the meeting highlighted the government's focus on navigating external uncertainties while building on domestic strengths.

The prime minister and the EAC-PM members discussed various ideas and measures to further boost India’s economic growth in times of global turmoil. Photo: X | Firstpost

India's Resilient Economic Performance

India's economy demonstrated remarkable resilience with provisional estimates showing a full-year GDP growth of 7.7% for FY26, an improvement from 7.1% in the previous fiscal year. The January-March quarter (Q4 FY26) recorded an even stronger expansion of 7.8%, surpassing many expectations and underscoring broad-based momentum across key sectors.

Sectors such as trade, hotels, transport, communication, and services led the charge, supported by robust domestic demand, investment activity, and policy measures. This performance reinforces India's standing as one of the fastest-growing major economies, even as global conditions remain challenging.

Key Deliberations on Reforms and Growth Strategies

During the meeting, participants explored a wide range of ideas and policy measures aimed at accelerating economic growth and enhancing resilience. Discussions emphasized the need to further improve the ease of living for citizens and the ease of doing business, with a focus on reducing compliance burdens, promoting investment, entrepreneurship, and domestic manufacturing.

The council and the Prime Minister reviewed strategies to boost consumption, strengthen supply chains, and support long-term development priorities. These deliberations align with ongoing efforts to foster sustainable economic transformation and create greater opportunities for growth and employment.

Addressing Global Uncertainties and Regional Developments

A dedicated segment of the meeting addressed the evolving situation in West Asia and its potential implications for India. Members shared assessments on how the conflict could influence energy markets, trade flows, supply chains, and overall economic stability. The discussions enabled a proactive evaluation of risks and the formulation of appropriate contingency approaches to safeguard India's interests.

This focus reflects the government's commitment to closely monitoring international developments and mitigating their impact on domestic growth, inflation, and energy security.

The Role of the EAC-PM in Shaping Policy

The Economic Advisory Council to the Prime Minister serves as a vital independent body, offering expert insights on complex economic issues. Through such engagements, the council contributes valuable perspectives that inform evidence-based policymaking and help align strategies with emerging opportunities and challenges.

The MGMM Outlook 

India’s strong GDP performance and the discussions held during the EAC-PM meeting reflect a growing confidence in the country’s economic trajectory despite an uncertain global environment. The emphasis on sustaining growth through reforms, investment promotion, domestic manufacturing, and improved ease of doing business highlights a balanced approach that combines economic expansion with long-term structural development. Continued focus on entrepreneurship, infrastructure, and consumption growth could further strengthen India’s position as a leading global economy.

The meeting also demonstrated the importance of proactive economic planning in the face of external challenges, particularly evolving geopolitical developments in West Asia. By assessing potential impacts on energy security, trade, and supply chains, policymakers are working to ensure that India remains resilient against global disruptions. The engagement between the Prime Minister and the EAC-PM reinforces the role of expert-driven policy discussions in shaping strategies that support sustained growth, economic stability, and broader development objectives.

(Sources: Firstpost, India Today, Times of India)