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Government reconstitutes Economic Advisory Council to the Prime Minister (Relevant for GS Prelims)

Government of India has reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) for a period of two years with effect from 26th September 2019. Dr. Bibek Debroy and Shri Ratan P. Watal will continue to be the Chairman and Member Secretary respectively of the reconstituted EAC-PM. Apart from these two Full-Time Members, the EAC-PM will have two Part-Time Members.

About Economic Advisory Council to the Prime Minister
Economic Advisory Council to the Prime Minister (PMEAC) is a non-constitutional, non-permanent and independent body constituted to give economic advice to the Government of India, specifically the Prime Minister. It advises the Prime Minister on economic issues like inflation, microfinance, and industrial output.

Source: PIB



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