Jaitley said that growth of the country has been below 5% in the recent years and "economic growth cannot be compromised at any cost."
The finance minister said that the government’s priority would be to restore the economic growth, curb inflation, follow the path of fiscal consolidation and to create an environment for higher employability.
"The investment cycle has been disturbed. Inflation continues to be rising with April figure at 8.9%," he said.
Economists who participated in the meeting include Surjit Bhalla, OXUS Research & Investments, Rohini Somanathan, Delhi School of Economics, Omkar Goswami, CERG Advisory, Nitin Desai, Ashima Goyal, IGIDR, Manoj Panda, Institute of Economic Growth among others.