New Delhi, Feb. 6 - Prime Minister Narendra Modi will today preside over the first meeting of the newly constituted National Institution for Transforming India (NITI) Aayog.

According to reports, it is expected that he will consult with experts on ways to give the economy a much needed boost as his government gets set to present its first full-fledged general budget at the end of the month.

Finance Minister Arun Jaitley and experts, including Mukesh Butani, Nitin Desai, Parthasarathi Shome are expected to be present at the meeting.

The government has invited suggestions on the forthcoming budget.

According to media reports, the Prime Minister will also meet with chief ministers, senior officials and other experts over the weekend to discuss plans to take the economy back on the growth path.

The formation of the NITI Aayog was announced on August 15 last year by the Prime Minister during his maiden Independence Day address from the ramparts of the Red Fort. (ANI)