Tuesday 8 September 2015

PM to meet top industrialists tomorrow, discuss opportunities from global crisis

 Prime Minister Narendra Modi will meet industry leaders on Tuesday to deliberate on the recent developments in the global economic scenario and opportunities it presents for India

Modi's second meeting with representatives of industry associations or chambers in two months, is being held amid global market turbulence caused by a slowing Chinese economy. It also comes as the US prepares to raise interest rates Stock Market Trading Tips

READ ALSO: Global flux transient, India's 'real economy' firm, Jaitley says at G20 summit 

Sources said the agenda for the meeting is 'Recent Global Events — Opportunities for India', but other issues plaguing the Indian industry may also come up for discussion. 

Modi had in his first interaction with industry chambers on June 30 met business leaders to hear their grievances on issues ranging from high capital cost to ease of doing business to certainty on taxation matters. 

Sources said other issues that could crop up during the meeting on Tuesday may include government allowing an ordinance that eased land acquisition rules to lapse, deadlock on theGST Bill in Parliament and the ease of doing business Himanshu Tiwari Astrologer Blog

READ ALSO: Jaitley pitches for opening up economy to global investment, but with riders 

The heads of all three industry chambers including FICCI, CII and Assocham have been invited for the meet. 

Last time, the Prime Minister had separate meetings with the delegations of Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry which raised issues like investments not picking up due to high cost of capital, poor credit growth and difficulties faced by small and medium enterprises in doing business Indian stock market astrology prediction

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