The topmost rungs of the Narendra Modi government are looking for solutions to arrest the slide in gross domestic product (GDP) growth. The Prime Minister is expected to meet Finance Minister Arun Jaitley and top finance ministry officials on Tuesday evening to discuss the state of the economy and possible measures to boost growth.
This comes on the backdrop of April-June 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 oil prices, and a stable rupee.
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