EAC or CEA: Know the difference between Bibek Debroy and Arvind Subramanians role
Key role of Economic Advisory Council is to analyse any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon.
Taking account of current economic situation, Prime Minister Narendra Modi on Monday formed Economic Advisory Council (EAC) which will be headed by current member of NITI Aayog, Bibek Debroy.
Other members of the Council are Ratan Watal, former finance secretary, Surjit Bhalla, CMD, Oxus Investments, Rathin Roy, Director, NIPFP and Ashima Goyal, Professor, IGIDR.
Key role of EAC is to analyse any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon. Also, to address issues of macroeconomic importance and presenting views thereon to the Prime Minister. This could be either suo-motu or on reference from the PM or anyone else, the statement said.
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