Various reform initiatives undertaken by India's central bank known as RBI may lead to investment worth around $75 billion. According to SBI Research and Kotak Securities, such reforms would increase foreign investment and strengthen the Indian rupee, as well as lower costs for borrowing.

According to SBI, RBI measures would allow raising the investment worth at least $40 billion, while according to Kotak Securities, it would raise the number up to $50-$75 billion. They both believe that Monetary Policy Committee might keep the repo rate steady at 5.25% until August.

India's central bank lowered the growth projections for the year 2026-27 from 6.9% to 6.6%, attributing it to weakening demand conditions, disruptions in supply chains, and El Niño impacts. Inflation among retail consumers was set at 5.1%.

India's Prime Minister Narendra Modi had a meeting with members of Economic Advisory Council and sought recommendations on how to speed up economic growth.

According to sources, the meeting discussed various suggestions and policy measures to strengthen the economy. Reforms aimed at improving ease of living and ease of doing business were also discussed.

The West Asian conflict is now a major issue in the global arena, affecting the global economy. This geopolitical crisis was also discussed in detail in the meeting. The PM-EAC members apprised the Prime Minister of their assessment regarding the possible impact of the West Asian conflict on India and the entire world. This assessment will help the government to devise policies to meet future economic challenges.

The meeting comes at a time when economies around the world are facing challenges such as geopolitical tensions, trade uncertainties, and uneven growth rates. The meeting was also attended by the Prime Minister's Principal Secretaries, PK Mishra and Shaktikanta Das. The current Chairperson of the EAC-PM is S. Mahendra Dev. The Council comprises three full-time members and 11 part-time members.

According to data released by the government on Friday, India's real GDP growth rate is projected to be 7.8% in the fourth quarter of FY 2025-26, while for the entire fiscal year it could be 7.7%. According to the data, the manufacturing and services sectors remain the key drivers of economic growth.

This meeting between the Prime Minister and the Economic Advisory Council primarily focused on strategies that could help India move forward rapidly, even in times of global economic uncertainty. To strengthen the economy, it is not enough to simply formulate policies; it is also essential to implement reforms at the grassroots level.