EAC to PM identifies priorities for accelerating economic growth

Speed Post News Network

New Delhi : The first meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) chaired by Bibek Debroy, Member NITI Aayog, on October 11, 2017, identified major priorities for accelerating economic growth and employment over the next six months, with greater last mile connectivity.

Attended by members including leading economists Surjit Bhalla, Rathin Roy, Ashima Goyal and Member Secretary Ratan P Watal, also former Finance Secretary and Principal Adviser NITI Aayog, the deliberations of the Council took stock of the current economic, fiscal and monetary policy environment and identified key issues that it would focus on, according to a PIB release.
In his presentation, Chief Economic Advisor Arvind Subramanian focused attention on accelerating economic growth including investments and exports-using a combination of different policy levers.
The Economic Advisory Council to the Prime Minister identified ten themes around which the Council Report would be structured in the coming months. The ten themes identified are : Economic Growth, Employment and job creation, informal sector and integration, fiscal framework, monetary policy, public expenditure, institutions of Economic Governance, Agriculture & Animal Husbandry, Patterns of Consumption & Production and Social Sector, according to thePIB release.