26.9.17

PM sets up Economic Advisory Council

Prime Minister Narendra Modi constituted a five-member Economic Advisory Council which will analyse economic and other issues. Headed by NITI Aayog member Bibek Debroy, the EAC includes NITI Aayog's Principal Advisor Ratan Watal as its member and economists Surjit Bhalla, Rathin Roy and Ashima Goyal as part-time members.

Terms of reference of the EAC would be to “analyse any issue, economic or otherwise, referred to it by the prime minister and advising him thereon,“ the statement said.

It will also “address issues of macroeconomic importance“ and present its views to the prime minister, it said, adding, “This could be either suo-motu or on reference from the prime minister or anyone else.“

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