As the Narendra Modi government plans measures to boost economic growth and create jobs, economists and business fora say it will have to continue its strong spending spree, perhaps at the cost of fiscal deficit targets, to create an enabling environment for the private sector to come in again, and take a hard look at viable but stuck infrastructure projects.
Top policy makers, including Finance Minister Arun Jaitley, Commerce Minister Suresh Prabhu, and Railways and Coal Minister Piyush Goyal, and senior officials met on Tuesday to discuss ways for boosting economic activity.
A number of such meetings are planned before