Prime Minister Narendra Modi held a meeting with the Economic Advisory Council (EAC) to discuss strategies for boosting India's economic growth and improving the ease of doing business. This meeting followed the government's and Reserve Bank of India's (RBI) recent initiatives aimed at supporting the Indian rupee and attracting foreign investments. India’s economy demonstrated a robust growth of 7.8% in the March quarter, leading to a revised FY26 growth forecast of 7.7%. However, the RBI has lowered its FY27 growth projection to 6.6% due to inflation risks stemming from the ongoing conflict in West Asia and anticipated adverse weather conditions affecting food prices. The meeting included discussions on various topics, including necessary reforms to maintain growth momentum and the impact of global events on the Indian economy. Modi has called for austerity measures among citizens, including reducing non-essential spending, as part of the government’s response to economic challenges. The government reassured the public about the availability of essential goods amid these economic adjustments.