Home » National » PM Modi takes stock of financial sector situation; Discusses structural, welfare measures to spur growth in India

PM Modi takes stock of financial sector situation; Discusses structural, welfare measures to spur growth in India

New Delhi:3/5/20: Prime Minister Narendra Modi yesterday held an important meeting to discuss financial sector, structural and welfare measures to spur growth in India. At a meeting with Finance Minister Nirmala Sitharaman and officials, Mr. Modi discussed strategies and interventions to support Ministry of Micro, Small and Medium Enterprises, MSMEs and farmers, enhance liquidity and to strengthen credit flows. The Prime Minister also discussed ways and means to ensure financial stability in the wake of COVID-19 and measures taken to enable businesses to recover quickly from the impacts.

Dwelling on the issue of welfare of workers and the common man, Mr. Modi pointed out the need to generate gainful employment opportunities by helping businesses to overcome difficulties due to disruptions caused by COVID-19.

During the meeting, he also stressed on the need to strengthen major structural reforms undertaken in the past and new structural reforms in the areas of corporate governance, credit markets and infrastructure sectors.

The Prime Minister emphasized the need to take speedy measures to commence work on new infrastructure projects and speed up works in the infrastructure sector so as to make up for the time lost in COVID-19. He wanted the projects taken up under the National Infrastructure Pipeline be reviewed at the highest level frequently so as to avoid time delays and enable creation of jobs.

It was also discussed that the reform initiatives undertaken by the various Ministries should continue unabated and action should be taken in a time-bound manner to remove any obstacles to investment flows and capital formation.

The meeting was attended by the Home Minister, Secretaries of the Ministry of Finance along with senior officials of the Government.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published.

x

Check Also

IIT Bhubaneswar to Hold its 10th Annual Convocation Live by Hybrid Mode

Bhubaneswar:19/10/21: IIT Bhubaneswar is all set to celebrate its 10th Annual Convocation on 20th Oct 2021, in a hybrid mode where students participate live in-person or by online during the ...