PM forms high-level panels to boost growth, jobs

New Delhi, Jun 05:
Amid economic slowdown and rising unemployment, Prime Minister Narendra Modi on Wednesday constituted two new Cabinet committees under his chairmanship to spur economic growth, investment and employment. The five-member Cabinet Committee on Investment and Growth includes home minister Amit Shah, finance minister Nirmala Sitharaman, road, transport and highways minister Nitin Gadkari and railway minister Piyush Goyal. Another 10-member Cabinet Committee on Employment and Skill Development has been formed which includes Shah, Sitharaman, Goyal, minister of agriculture and farmers welfare, rural development and panchayat raj Narendra Singh Tomar, human resource development minister Ramesh Pokhriyal ‘Nishank’, petroleum and natural gas minister Dharmendra Pradhan, minister of skill and entrepreneurship Mahendra Nath Pandey and ministers of state Santosh Kumar Gangwar (Labour) and Hardeep Singh Puri (Housing and Urban Affairs). Economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the March quarter.
Overall GDP for the last financial year has been estimated at 6.8 per cent against a target of 7.2 per cent.

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