The first meeting of the newly constituted Economic Advisory Council to the Prime Minister, EAC-PM will be held today. The Council has been set up with the approval of the Prime Minister recently under the Chairmanship of Bibek Debroy Member, NITI Aayog and is comprised of reputed economists and experts.
With the constitution of the Council, the Government has set up a unique independent institutional mechanism. This 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.
The Council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly.