Who is the Economic Council Chairman?

Dr. Bibek Debroy is the current Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM).

The Economic Advisory Council to the Prime Minister (EAC-PM) is an independent body established to provide expert advice on economic and related issues directly to the Government of India, specifically to the Prime Minister. This council plays a pivotal role in shaping economic policy by offering objective analysis and recommendations on a wide array of national and international economic matters.

Role and Mandate of the Economic Advisory Council to the Prime Minister (EAC-PM)

The EAC-PM acts as a crucial think-tank, offering analytical perspectives and policy suggestions to aid the Prime Minister in making informed economic decisions. Its key functions include:

• Analyzing Macroeconomic Trends: Monitoring and assessing the overall performance and trends of the Indian economy.
• Proposing Policy Reforms: Recommending necessary policy changes and strategies to address economic challenges and foster growth.
• Providing Sectoral Insights: Offering expert opinions and recommendations on specific economic sectors or issues as required.
• Responding to Prime Ministerial References: Addressing any specific economic questions or matters referred to it by the Prime Minister.

The council’s work contributes significantly to the economic governance framework of the country, ensuring that policy formulation is backed by rigorous research and expert consensus. You can learn more about the council on its official portal: Economic Advisory Council to the Prime Minister (EAC-PM).

Current Composition of the EAC-PM

The EAC-PM comprises a Chairman and several distinguished members, typically economists and experts from various fields, who bring diverse perspectives to the council's deliberations. The current composition includes: