Chief Economic Advisor Arvind Subramanian on Friday briefed Prime Minister Narendra Modi on the state of the economy. The briefing comes in the backdrop of the April-July economic growth dropping to its lowest under the current administration, and petrol and diesel prices rising to a near three-year high, in spite of low crude prices and a stable rupee.
The CEA briefed the PM on all issues related to the economy, said a person aware of the meeting. “It was a presentation covering all aspects of the economy. The PM asks the CEA for such briefings every three-four months,” said an official.
The person said that Subramanian gave a presentation to the PM and also his views on various issues. This is done to apprise the PM on all topics concerning the state of the economy.