Modi Constitutes Economical Advisory Council (Eac) : Highlights

3 years subsequently coming to power, the Prime Minister Narendra Modi has ready a 5 fellow member panel of economical advisors to assistance his authorities analyse as well as propose on cardinal issues. The Economic Advisory Council  to Prime Minister (EAC-PM) is an independent torso to plough over advice on economical as well as related issues to the Government of India, specifically to the Prime Minister. With the economic scheme hitting a petroleum piece inward recent months, Modi has decided to reconstitute the EAC-PM that had been rendered defunct subsequently the previous UPA authorities demitted percentage inward May 2014. The five-member council consists of economists of high repute as well as eminence.
Headed of EAC : Bibek Debroy (NITI Aayog Member)
Members :
  • Ratan Watal (Principal Advisor)
  • Surjit Bhalla (Member)
  • Rathin Roy (Part-time Member)
  • Ashima Goyal (Part-time Member)
Tasks of EAC-PM :
  • To address issues of macroeconomic importance as well as presenting views to the prime number minister.
  • Not exclusively economic scheme related, the commission volition analyse whatever issue, economical or otherwise, referred to it past times the prime number government minister as well as propose him thereon.
  • Will attend whatever other draw of piece of occupation every bit desired past times the prime number government minister from fourth dimension to time.
The concluding chairperson of the Council, when Manmohan Singh was the Prime Minister, was one-time Reserve Bank of Republic of Republic of India Governor C. Rangarajan.
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