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PM Modi meets industry leaders


New Delhi,Sep 8 (The News)

Executive Narendra Modi on Tuesday will meet business pioneers including Reliance Industries head Mukesh Ambani, Tata Gathering Chairman Cyrus Mistry and additionally investors and financial experts to examine worldwide monetary situation. The meeting is being held in the midst of turbulence in worldwide markets brought on by a moderating Chinese economy and concerns as the US gets ready to raise interest rates.

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27 business pioneers, brokers and market analysts have been welcomed for the meeting to think on the late improvements in the worldwide economy and the open doors they exhibit for India, sources said. RBI Governor Raghuram Rajan and Niti Aayog bad habit administrator Arvind Panagariya will likewise go to the meeting to which different invitees incorporate Bharti Airtel boss Sunil Bharti Mittal, Essar Group head Shashi Ruia, Reliance Group Chairman Anil Ambani, Adani Group head Gautam Adani, ICICI Bank CEO Chanda Kochhar and SBI Chairperson Arundhati Bhattacharya.

Mahindra Group Chairman and Managing Director Anand Mahindra and Aditya Birla Group head Kumar Mangalam Birla are said to be among alternate invitees for the meeting for which industry chambers’ heads Sumit Mazumder of CII, Jyotsna Suri of FICCI and Rana Kapoor of Assocham have additionally been called.

Fund Secretary Ratan P Watal, Commerce Secretary Rita Teaotia, Economic Affairs Secretary Shaktikanta Das an

nd Chief Financial Advisor Arvind Subramanian will be available at the meeting. Sources said the motivation for the meeting is ‘Later Worldwide Events Opportunities for India’, yet different issues tormenting the Indian business might likewise come up for exchange.

Every speaker will be given three minutes to make starting comments. Modi had in his first cooperation with industry chambers on June 30 met business pioneers to hear their grievances on issues going from high capital expense to simplicity of working together to assurance on tariff matters. Sources said different issues that could manifest amid the meeting tomorrow may incorporate government permitting a law that facilitated area procurement tenets to pass, stop on the GST Bill in Parliament and the simplicity of working together.

Last time, the Prime Minister had separate gatherings with the appointments of Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry which raised issues like speculations not getting because of high cost of capital, poor credit development and troubles confronted by little and medium undertakings in working together.


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