First meeting of Economic Advisory Council to PM on Oct 11

Speed Post News Network

New Delhi : The first meeting of the newly constituted Economic Advisory Council to the Prime Minister (EAC-PM) will be held on October 11, 2017, at NITI Aayog.

The Council was set up with the approval of the Prime Minister on September 26, 2017, and comprised reputed economists and experts. They include Bibek Debroy, Member, NITI Aayog, as the Chairman, Ratan P Watal, Principal Adviser, NITI Aayog, as Member Secretary, and Surjit Bhalla, Rathin Roy and Ashima Goyal as part time members.

With the constitution of the Council, the Government has set up a unique independent institutional mechanism. It is mandated to analyze all critical issues economic or otherwise referred to it by the Prime Minister and advising him thereon. It is also required to address issues of macro-economic importance and presenting views thereon,according to a PIB release.

In accordance with this mandate, the Council held a brainstorming session with stakeholders on October 9, 2017, at NITI Aayog in the run up to the first meeting of the council. The Council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly.