PM-economists meet: 'Single-minded pursuit' for growth, FDI in banking, divestment discussed

Further opening of banking and insurance sectors for FDI, speeding up disinvestment process and management of water resources were among the focus areas of Prime Minister Narendra Modi's interaction with economists and industry experts on Saturday to achieve higher economic growth, said sources.

During the interactive session, ahead of the presentation of the Union Budget next month, speakers made a case for "single minded pursuit" to achieve growth, they added.

A release issued by the Prime Minister's Office (PMO) said that the session organised by Niti Aayog on 'Economic Policy - The Road Ahead' was attended by over 40 economists and sectoral experts.

"During the session, participants shared their views, in five distinct groups, on the economic themes of macro economy and employment, agriculture and water resources, exports, education and health," the release said.

Meanwhile, Modi in a tweet said he had a fruitful interaction with economists and other experts. "The inputs received were insightful and will benefit our growth trajectory."