Economists have recommended job-oriented growth measures and advised the government to maintain fiscal prudence at their pre-budget meeting with finance minister Nirmala Sitharaman on Friday. The meeting assumes significance in the wake of growth falling to a five-year low of 6.8 per cent. ”The government’s focus should be on growth and jobs. The meeting touched upon a host of macroeconomic factors such as economic growth, jobs, fiscal management, investments and public sector borrowings, according to a release by the finance ministry. The economists suggested removing bottlenecks in the supply-chain, framing an export-import policy for agriculture and doing away with specific duties on textiles.

Source: The Telegraph June 14, 2019 20:37 UTC