They said the Prime Minister’s focus will be on speedy recovery of the economy which has witnessed a slowdown in recent quarters due to falling consumer demand.
Coronavirus outbreak: Live updates
During this one-and-half-hour scheduled meeting through video conferencing, officials from the finance and commerce ministries will make presentations on the situation.
According to sources, the Prime Minister is taking inputs from top 50 officials. Earlier, he held three separate meetings with the Economic Advisory Council, chief and principal economic advisor at the ministry of finance and NITI Aayog.
More on Covid-19
To deal with the coronavirus crisis, the government in May had announced one of the world’s biggest stimulus packages worth Rs 20.97 lakh crore with a focus on the survival of businesses and drawing a roadmap for economic revival.
Union finance minister Nirmala Sitharaman has said the government is assessing the impact of COVID-19 on the Indian economy and will take more measure to address the issues if required.