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BJP National Executive meet: Decoding options before Modi to boost economy

A mini-Budget of sorts can alone have a demonstrable impact on the state of the economy. Minor tinkering with some increase in outlay under one or the other head may not work

PM Narendra Modi
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PM Narendra Modi addresses farmers in Shahanshahpur village of Uttar Pradesh's Varanasi. Photo: Twitter (@BJP4India)

AK Bhattacharya
Prime Minister Narendra Modi is expected to unveil on Monday a package of measures to give a boost to the economy, whose gross value added at basic prices grew by 5.6 per cent in April-June 2017, a two-percentage-point drop from the growth recorded in the same period a year ago. The writer explains the various options before Modi in the current situation.

Prime Minister Narendra Modi could on Monday unveil measures to boost the economy, after gross value added (GVA) growth at basic prices saw a two-percentage-point drop in April-June 2017 from that in the same period a year earlier.