New Delhi, Jun 5: India celebrated hugely the victory of BJP and reestablishment of Modi government. But the task in front of Modi 2.0 is not easy. With the danger of slowing down the economy and rising unemployment, PM Modi today constituted two new cabinet committees under his leadership to back the economic growth and investment and employment.
The 1st committee is 5 member committee for investment and Growth comprises home minister Amit Shah, finance minister Nirmala sitharaman, MSME minister Nitin Gadkari with railway minister Piyush Goyal.
Another committee is for Employment and skill development which includes-
Home minister Amit Shah
Railway minister Piyush Goyal
Agriculture minister Narendra Singh Tomar
HRD Minister Ramesh Pokhriyal Nishank
Petroleum minister Dharmendra Pradhan
Skill minister Mahendra Nath Pandey
MoS Labour- Santosh Kumar Gangwar
HoUA minister Hardeep Singh Puri
The economy has become a major cause of unease for the new government with GDP dropping to 5.8% in the last quarter of the 2018-19, according to NSSO figures. Overall GDP for last financial year has been estimated at 6.8% against a target of 7.2%.
In the employment sphere, PLFS annual report put the unemployment rate at 6.1%, the highest in 45 years.