New Delhi, June 10 -- Prime Minister Narendra Modi will chair the Governing Council meeting of NITI Aayog on Thursday, bringing together chief ministers and lieutenant governors to discuss a roadmap for human development and employment generation amid concerns over the economic fallout of the West Asia war.

The meeting comes at a time when policymakers are assessing the impact of rising geopolitical tensions on inflation, trade and economic stability. A NITI Aayog assessment released on 20 April warned that the West Asia conflict could weigh on India's macroeconomic stability by disrupting trade flows and putting pressure on the current account balance and exchange rate.

According to a statement released by the government's top think-ta...