prime ministers economic advisory council

Government officials in Bhubaneswar are now urged to use official vehicles judiciously, prioritizing ride-sharing and avoiding personal trips to conserve fuel amid global economic concerns. This initiative, championed by Additional Chief Secretary Usha Padhee, aims to boost efficiency and cut costs across all departmental agencies. The move aligns with national calls for energy conservation and responsible public resource management.

Odisha's hotel and restaurant association lauded Prime Minister Modi's call for domestic travel, seeing it as a significant boost for the nation's tourism and hospitality. This focus on local tourism promises to stimulate demand, increase spending, and accelerate economic activity.

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More than 70 Labour lawmakers are reportedly urging Prime Minister Keir Starmer to resign following significant losses in local and regional elections. Four ministerial aides have resigned, citing a loss of public and parliamentary confidence. Despite mounting pressure, Starmer has rejected calls to step down, vowing to restore faith in his leadership.

US Secretary of the Treasury, Scott Bessent, on Wednesday, praised Japan's economic resilience and highlighted the importance of economic security during meetings with senior Japanese leaders on Tuesday as part of his Asia visit. The visit came ahead of US President Donald Trump's upcoming summit with Chinese President Xi Jinping in Beijing from May 13-15.

Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, Deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.

Prime Minister Narendra Modi commenced a five-nation tour in the UAE, receiving a ceremonial escort and holding high-level talks with President Mohamed bin Zayed Al Nahyan. The visit aims to bolster India's partnerships in trade, technology, and clean energy with the UAE and European nations, with significant opportunities anticipated for Indian exporters.

Prime Minister Modi warned that ongoing global conflicts and instability risk undoing decades of development and plunging populations into poverty. Addressing the Indian diaspora in The Hague, he emphasized the critical need for resilient and trusted global supply chains, highlighting India's cooperation with the Netherlands in this area. He also celebrated the diaspora's cultural preservation and India's recent economic transformation.