PM Modi To Head Cabinet Committees To Push Growth, Job Creation
Prime Minister Narendra Modi constituted two cabinet committees to address challenges around slowing economic growth and subdued job creation as his administration assumes charge a second time following the National Democratic Alliance's landslide victory in the 2019 general election.
The prime minister will chair committees on investment and growth, and employment and skill development, according to a statement by the Press Information Bureau.
Ministers on the committee for investment and growth are:
- Amit Shah, minister of home affairs.
- Nitin Gadkari, minister of road transport and highways; and micro, small and medium enterprises.
- Nirmala Sitharaman, minister of finance and corporate affairs.
- Piyush Goyal, minister of railways; and commerce and industry.
Ministers on the committee for employment and skill development:
- Amit Shah, minister of home affairs.
- Nirmala Sitharaman, minister of finance and corporate affairs.
- Narendra Singh Tomar, minister of agriculture and farmer welfare; rural development; and panchayati raj.
- Piyush Goyal, minister of railways; and commerce and industry.
- Ramesh Pokhriyal ‘Nishank', minister of human resource development.
- Dharmendra Pradhan, minister of petroleum and natural gas; and steel.
- Mahendra Nath Pandey, minister of skill development and entrepreneurship.
- Santosh Kumar Gangwar, minister of state (labour and employment).
- Hardeep Singh Puri, minister of state (housing and urban affairs; civil aviation; and commerce and industry).
Gadkari, Harsimrat Kaur Badal, minister of food processing industries; Smriti Irani, minister of women and child Development and textiles; and Prahlad Singh Patel, minister of state for culture and tourism; are special invitees to the committee.
Many cabinet committees like cabinet committees on economic affairs, parliamentary affairs, political affairs, security, among others, are being reconstituted to induct new ministers.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?