Economic Advisory Council to the Prime Minister (EAC-PM) is an independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. At present, the composition of EAC-PM is: Dr. Bibek Debroy (Chairman), Shri Sanjeev Sanyal (Member), Shri Rakesh Mohan (Part-Time Member), Dr. Sajjid Chinoy (Part-Time Member), Dr. Neelkanth Mishra (Part-Time Member), Shri Nilesh Shah (Part-Time Member), Prof. T.T. Ram Mohan (Part-Time Member) and Dr. Poonam Gupta (Part-Time Member).
The Terms of Reference of EAC-PM include analyzing any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon, addressing issues of macroeconomic importance and presenting views thereon to the Prime Minister. These could be either suo-motu or on reference from the Prime Minister or anyone else. They also include attending to any other task as may be desired by the Prime Minister from time to time.
Dr. Bibek Debroy
Shri. Sanjeev Sanyal
Shri. Rakesh Mohan
Dr. Sajjid Z. Chinoy
Dr. Neelkant Mishra
Dr. Poonam Gupta
Shri. Nilesh Shah
Prof. T.T. Ram Mohan
There has been almost no discussion about the existing list of monuments of national importance and how a monument or a site is so declared. Scores of minor and insignificant monuments have been declared as MNI. Therefore, the current list requires immediate attention for drastic rationalisation.View
The Government of India has set up the National Bank for Financing Infrastructure and Development (NaBFID) as the central Development Finance Institution (DFI) for infrastructure financing. The idea is to establish NaBFID as the key DFI which provides financing to infrastructure projects under the broad developmental goals of the country.View
Ideas and inventions have been passed down from generation to generation within many communities since time immemorial. Today's practice can be defined as a collective understanding of all inventions and developments that occurred over time and were then passed down as Traditional Knowledge (TK).View
In collaboration with Social Progress Initiative, The Institute for Competitiveness is pleased to release the Social Progress Index: States and Districts in India report, mandated by the Economic Advisory Council, to the Prime Minister of India.View
The intersection of barriers and measures are need to be examined more carefully by the WTO and should frame additional provisions to prevent the use of such barriers.View
We need a simplified direct taxes code that will remove exemptions: Bibek Debroy
When GST was originally formulated, the revenue-neutral rate was expected to be around 18%, today the average GST rate is about 11.5%, so that clearly..
How PM’s EAC brings the focus back on the ECCE
The report points out that effective implementation of FLN can potentially grow our Gross Domestic Product (GDP) by 7.39%, when the benefits are calcu..
Economic Advisory Council to the PM calls for unified labour law
The union labour ministry had amalgamated 29 central labour laws into four Codes. These include the Code on Wages, 2019, the Code on Social Security, ..
Economy to grow 7-7.5% next fiscal year: EAC-PM
Looking beyond the current year, 2021-22, EAC-PM members were optimistic about real and nominal growth prospects in 2022-23...
GDP may grow 9-11% in FY22, 7% in FY23: Bibek Debroy
All talk about a third wave, I think, misses the point a little bit because the third wave will not be uniform across the country, says Bibek Debroy, ..