[ad_1]
India
oi-Deepika S
New Delhi, Oct 27: The federal government has reconstituted the Financial Advisory Council to the Prime Minister (EAC-PM) for a interval of two years whereas retaining famous economist Bibek Debroy because the Chairman.
“The prime minister has authorized the reconstitution of the Financial Advisory Council to the PM (EAC-PM) for a interval of two years or till additional orders, whichever is earlier,” the cupboard secretariat stated in a notification.
Whereas V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director basic of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as part-time members of the reconstituted EAC-PM.
The opposite part-time members of the Council embrace Sajid Chenoy, Neelkanth Mishra and Nilesh Shah.
In accordance with the notification, the phrases of reference of the Council embrace to analyse any concern, financial or in any other case, referred to it by the Prime Minister and advising him hereon.
Moreover, addressing problems with macroeconomic significance and presenting views thereon to the Prime Minister. ”This might both suo-motu or on reference from the Prime Minister or anybody else,” the notification stated.
The EAC-PM is an impartial physique constituted to advise the federal government, particularly the prime minister, on financial and associated points.
It was arrange in September 2017 with a time period of two years, changing the erstwhile PMEAC, which was headed by former RBI governor C Rangarajan in the course of the phrases of former prime minister Manmohan Singh.
with PTI inputs
Story first printed: Wednesday, October 27, 2021, 23:48 [IST]
[ad_2]
Source link
