Prime Minister Narendra Modi, on Wednesday constituted two new committees under his chairmanship to tackle economic growth and jobs; two major challenges of the country. It is widely believed that these committees will look at the complexities and offer solutions which may be considered in the upcoming union budget which will be presented on 05 July 2019.

The five-member committee on Investment and Growth comprises of Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Road Transport and Highways Minister Nitin Gadkari and Railway Minister Piyush Goyal.

Another ten-member committee which will examine and explore employment and skill development issues includes Amit Shah, Nirmala Sitharaman, Piyush Goyal, Rural Development and Panchayat Raj minister Narendra Singh Tomar, HRD Minister Ramesh Pokhriyal Nishank, Petroleum and Steel Minister Dharmendra Pradhan, Skill and Entrepreneurship Minister Mahendra Nath Pandey and Ministers of State Santosh Kumar Gangwar and Hardeep Singh Puri.

As per the data released by the Ministry of Statistics the unemployment rate rose to 6.1 percent which was at a 45-year high. Similarly, in the last quarter of FY 2018-2019 GDP dropped 05.8% whereas the overall GDP for the previous FY was at 6.8 % against the targeted 7.2 %.